5, MEGAN CLOSE, GORSEINON, SWANSEA, SA4 4PS - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 MEGAN CLOSE is a small extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £190,000 in July 2020, which was around 23% below the average July 2020 detached price in the Swansea local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

5 MEGAN CLOSE Sold Prices

Land registry data shows three sales for 5 MEGAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. All of the three 5 MEGAN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 1 JUL	£190,000	£246,208	23% below HPI
2002 5 JUL	£82,000	£103,906	21% below HPI
1999 13 DEC	£75,995	£86,356	12% below HPI

5 MEGAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swansea local authority area over time, sourced from the HPI. The three 5 MEGAN CLOSE sales between December 1999 and July 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 MEGAN CLOSE?

5 MEGAN CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses in Gorseinon, based on EPC data. The below chart shows the distribution of detached houses by size in Gorseinon, and where 5 MEGAN CLOSE lies on this distribution: 38% of detached houses are smaller than 5 MEGAN CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Gorseinon.

5 MEGAN CLOSE: Plot and Title Map

5 MEGAN CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 5 MEGAN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 MEGAN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 MEGAN CLOSE?

5 MEGAN CLOSE is located in GORSEINON, in the SA4 postcode district. The below map shows the position of No. 5 on MEGAN CLOSE.