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
OLD SCHOOL HOUSE is a small extended detached house of 102m², built sometime between 1900 and 1929. It was last sold for £175,000 in March 2023, which was around 32% below the average March 2023 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for OLD SCHOOL HOUSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. One of the two OLD SCHOOL HOUSE sales was for below the average price, whilst the other was roughly equal to 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 |
---|---|---|---|
2023 24 MAR | £175,000 | £258,533 | 32% below HPI |
2003 7 MAR | £83,500 | £83,103 | Close to HPI |
The below graph shows the average detached house price in the Neath Port Talbot local authority area over time, sourced from the HPI. The two OLD SCHOOL HOUSE sales from March 2003 and March 2023 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 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
OLD SCHOOL HOUSE is 102m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Cwmavon, based on EPC data. The below chart shows the distribution of detached houses by size in Cwmavon, and where OLD SCHOOL HOUSE lies on this distribution: 32% of detached houses are smaller than OLD SCHOOL HOUSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Cwmavon.
OLD SCHOOL HOUSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of OLD SCHOOL HOUSE, 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 OLD SCHOOL HOUSE). 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.
OLD SCHOOL HOUSE is located on DEPOT ROAD in CWMAVON, in the SA12 postcode district. The below map shows the position of OLD SCHOOL HOUSE on DEPOT ROAD.