SHARMEL, PENLAN FACH, PENLAN, SWANSEA, SA5 7HA - £74,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SHARMEL is a large detached house of 141m², built sometime between 1967 and 1975. It was last sold for £74,995 in September 2003, which was around 46% below the average September 2003 detached price in the Swansea local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

SHARMEL Sold Prices

Land registry data shows three sales for SHARMEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. All of the three SHARMEL 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
2003 3 SEP	£74,995	£138,595	46% below HPI
2000 2 OCT	£53,000	£90,121	41% below HPI
2000 29 JUN	£57,000	£87,511	35% below HPI

SHARMEL 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 three SHARMEL sales between June 2000 and September 2003 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 October 2000 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2003 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might SHARMEL be worth now?

SHARMEL might now be worth an estimated £173,423.

This is based on house price inflation of 131.2%, between September 2003 and December 2024, 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 131.2% inflationary increase is applied to the most recent sale price for SHARMEL of £74,995 on 3rd September 2003. For the value to have increased from £74,995 to £173,423 over the twenty years and nine months to December 2024, the following assumptions must hold true:

• The value of SHARMEL has moved in line with the HPI for detached houses in the Swansea local authority area.
• The September 2003 sale price of £74,995 represented a fair market value for the property.
• The size, condition, and specification of SHARMEL has not materially changed since September 2003.

How Large is SHARMEL?

SHARMEL is 141m² according to the EPC inspection conducted in June 2024. This puts it in the largest 30% of detached houses houses in Swansea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swansea, and where SHARMEL lies on this distribution: 73% of detached houses houses are smaller than SHARMEL, and 27% of houses are larger. Note that EPC data is not available for all properties in Swansea.

SHARMEL: Plot and Title Map

SHARMEL sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of SHARMEL, 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 SHARMEL). 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 SHARMEL?

SHARMEL is located on PENLAN FACH in PENLAN, in the SA5 postcode district. The below map shows the position of SHARMEL on PENLAN FACH.