NIRVANA, SANDY LANE, PARKMILL, SWANSEA, SA3 2EW - £150,000

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

NIRVANA is a very small detached house of 73m². It was last sold for £150,000 in October 2014, which was around 27% below the average October 2014 detached price in the Swansea local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was A.

NIRVANA Sold Prices

Land registry data shows two sales for NIRVANA 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 NIRVANA 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
2014 22 OCT	£150,000	£206,256	27% below HPI
1995 24 MAR	£22,000	£70,768	69% below HPI

NIRVANA 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 NIRVANA sales from March 1995 and October 2014 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 March 1995 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the October 2014 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is NIRVANA?

NIRVANA is 73m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Southgate, based on EPC data. The below chart shows the distribution of detached houses by size in Southgate, and where NIRVANA lies on this distribution: 4% of detached houses are smaller than NIRVANA, and 96% of houses are larger. Note that EPC data is not available for all properties in Southgate.

NIRVANA: Plot and Title Map

NIRVANA sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of NIRVANA, 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 NIRVANA). 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 NIRVANA?

NIRVANA is located on SANDY LANE in PARKMILL, in the SA3 postcode district. The below map shows the position of NIRVANA on SANDY LANE.