8, LARCH CLOSE, CIMLA, NEATH, SA11 3XE - £140,000

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

8 LARCH CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £140,000 in March 2017, which was around 15% below the average March 2017 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

8 LARCH CLOSE Sold Prices

Land registry data shows six sales for 8 LARCH CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. The six 8 LARCH CLOSE sales were a mix of below the average price, roughly equal to the average price, and above 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
2017 24 MAR	£140,000	£163,781	15% below HPI
2013 1 NOV	£120,000	£146,296	18% below HPI
2003 31 OCT	£98,000	£97,565	Close to HPI
2002 15 NOV	£78,950	£76,659	3% above HPI
1997 27 MAR	£55,995	£55,458	1% above HPI
1996 29 FEB	£56,000	£54,200	3% above HPI

8 LARCH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Neath Port Talbot local authority area over time, sourced from the HPI. The six 8 LARCH CLOSE sales between February 1996 and March 2017 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 November 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 LARCH CLOSE?

8 LARCH CLOSE is 78m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Neath, based on EPC data. The below chart shows the distribution of detached houses by size in Neath, and where 8 LARCH CLOSE lies on this distribution: 15% of detached houses are smaller than 8 LARCH CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Neath.

8 LARCH CLOSE: Plot and Title Map

8 LARCH CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 8 LARCH 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 8 LARCH 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 8 LARCH CLOSE?

8 LARCH CLOSE is located in CIMLA, in the SA11 postcode district. The below map shows the position of No. 8 on LARCH CLOSE.