8, PARKWOOD, GOWERTON, SWANSEA, SA4 3DQ - £222,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PARKWOOD is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £220,478. It was last sold for £222,000 in October 2022, which was around 30% below the average October 2022 detached price in the Swansea local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

8 PARKWOOD Sold Prices

Land registry data shows two sales for 8 PARKWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. Both of the two 8 PARKWOOD 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
2022 14 OCT	£222,000	£317,612	30% below HPI
2004 22 JUL	£168,000	£173,443	3% below HPI

8 PARKWOOD 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 two 8 PARKWOOD sales from July 2004 and October 2022 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 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 PARKWOOD be worth now?

8 PARKWOOD might now be worth an estimated £220,478.

This is based on house price deflation of 0.7%, between October 2022 and February 2025, for detached houses, in the Swansea local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% deflationary decrease is applied to the most recent sale price for 8 PARKWOOD of £222,000 on 14th October 2022. For the value to have decreased from £222,000 to £220,478 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 PARKWOOD has moved in line with the HPI for detached houses in the Swansea local authority area.
• The October 2022 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PARKWOOD has not materially changed since October 2022.

How Large is 8 PARKWOOD?

8 PARKWOOD is 72m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Gowerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gowerton, and where 8 PARKWOOD lies on this distribution: 8% of detached houses houses are smaller than 8 PARKWOOD, and 91% of houses are larger. Note that EPC data is not available for all properties in Gowerton.

8 PARKWOOD: Plot and Title Map

8 PARKWOOD sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 8 PARKWOOD, 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 PARKWOOD). 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 PARKWOOD?

8 PARKWOOD is located in GOWERTON, in the SA4 postcode district. The below map shows the position of No. 8 on PARKWOOD.