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
6 WEIG LANE is a small extended detached house of 90m², built sometime before 1900. It was last sold for £180,000 in June 2021, which was around 34% below the average June 2021 detached price in the Swansea local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 6 WEIG LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. All of the four 6 WEIG LANE 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 |
---|---|---|---|
2021 18 JUN | £180,000 | £273,788 | 34% below HPI |
2016 13 MAY | £134,950 | £211,316 | 36% below HPI |
2011 1 APR | £128,000 | £194,838 | 34% below HPI |
1996 31 MAY | £49,000 | £69,001 | 29% below HPI |
The below graph shows the average detached house price in the Swansea local authority area over time, sourced from the HPI. The four 6 WEIG LANE sales between May 1996 and June 2021 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 May 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
6 WEIG LANE is 90m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% of detached houses in Swansea, based on EPC data. The below chart shows the distribution of detached houses by size in Swansea, and where 6 WEIG LANE lies on this distribution: 25% of detached houses are smaller than 6 WEIG LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Swansea.
6 WEIG LANE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 6 WEIG LANE, 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 6 WEIG LANE). 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.
6 WEIG LANE is located in GENDROS, in the SA5 postcode district. The below map shows the position of No. 6 on WEIG LANE.