THE PRIORY, LEWIS ROAD, NEATH, SA11 1DJ - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE PRIORY is a very large extended detached house of 199m², built sometime between 1996 and 2002. It was last sold for £400,000 in May 2024, which was around 61% above the average May 2024 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

THE PRIORY Sold Prices

Land registry data shows four sales for THE PRIORY 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 PRIORY 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
2024 31 MAY	£400,000	£248,235	61% above HPI
2017 12 MAY	£270,000	£162,449	66% above HPI
2003 23 APR	£190,000	£86,805	119% above HPI
2001 6 JUL	£125,000	£68,466	83% above HPI

THE PRIORY 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 PRIORY sales between July 2001 and May 2024 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 May 2017 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the May 2024 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is THE PRIORY?

THE PRIORY is 199m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 PRIORY lies on this distribution: 96% of detached houses are smaller than THE PRIORY, and 4% of houses are larger. Note that EPC data is not available for all properties in Neath.

THE PRIORY: Plot and Title Map

THE PRIORY sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of THE PRIORY, 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 PRIORY). 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 PRIORY?

THE PRIORY is located on LEWIS ROAD in NEATH, in the SA11 postcode district. The below map shows the position of THE PRIORY on LEWIS ROAD.