THE FIRS, LUCY ROAD, NEATH, SA10 6RR - £338,000

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

THE FIRS is a very large extended detached house of 214m², built sometime between 1900 and 1929. It was last sold for £338,000 in March 2021, which was around 70% above the average March 2021 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

THE FIRS Sold Prices

Land registry data shows four sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. All of the four THE FIRS sales were for 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
2021 24 MAR	£338,000	£199,078	70% above HPI
2012 12 NOV	£297,000	£142,258	109% above HPI
2007 25 MAY	£249,000	£165,023	51% above HPI
2005 13 MAY	£249,000	£145,566	71% above HPI

THE FIRS 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 four THE FIRS sales between May 2005 and March 2021 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 2012 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the March 2021 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is THE FIRS?

THE FIRS is 214m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 10% of detached houses in Neath, based on EPC data. The below chart shows the distribution of detached houses by size in Neath, and where THE FIRS lies on this distribution: 97% of detached houses are smaller than THE FIRS, and 3% of houses are larger. Note that EPC data is not available for all properties in Neath.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.325 of an acre, or 1,314m². The below map shows the location of THE FIRS, 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 THE FIRS). 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 THE FIRS?

THE FIRS is located on LUCY ROAD in NEATH, in the SA10 postcode district. The below map shows the position of THE FIRS on LUCY ROAD.