Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 WELLFIELD CLOSE is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £273,500 in August 2024, which was around 14% below the average August 2024 detached price in the Swansea local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 WELLFIELD CLOSE since 1st 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 WELLFIELD 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 |
---|---|---|---|
2024 30 AUG | £273,500 | £316,236 | 14% below HPI |
2023 21 JUN | £187,500 | £305,644 | 39% below HPI |
1999 12 APR | £50,000 | £76,677 | 35% below HPI |
The below graph shows the average detached house price in the Swansea local authority area over time, sourced from the HPI. The three 5 WELLFIELD CLOSE sales between April 1999 and August 2024 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 June 2023 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
5 WELLFIELD CLOSE is 77m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% 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 WELLFIELD CLOSE lies on this distribution: 11% of detached houses are smaller than 5 WELLFIELD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Gorseinon.
5 WELLFIELD CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 5 WELLFIELD 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 WELLFIELD 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.
5 WELLFIELD CLOSE is located in GORSEINON, in the SA4 postcode district. The below map shows the position of No. 5 on WELLFIELD CLOSE.