11, MILL RACE, NEATH ABBEY, NEATH, SA10 7FL - £312,000

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

11 MILL RACE is a very large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £312,000 in August 2023, which was around 24% above the average August 2023 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was C.

11 MILL RACE Sold Prices

Land registry data shows three sales for 11 MILL RACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. All of the three 11 MILL RACE 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
2023 2 AUG	£312,000	£251,728	24% above HPI
2018 27 JUL	£229,000	£171,743	33% above HPI
2000 4 FEB	£93,950	£65,721	43% above HPI

11 MILL RACE 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 three 11 MILL RACE sales between February 2000 and August 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 July 2018 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 11 MILL RACE?

11 MILL RACE is 137m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses in Neath, based on EPC data. The below chart shows the distribution of detached houses by size in Neath, and where 11 MILL RACE lies on this distribution: 80% of detached houses are smaller than 11 MILL RACE, and 19% of houses are larger. Note that EPC data is not available for all properties in Neath.

11 MILL RACE: Plot and Title Map

11 MILL RACE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 11 MILL RACE, 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 11 MILL RACE). 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 11 MILL RACE?

11 MILL RACE is located in NEATH ABBEY, in the SA10 postcode district. The below map shows the position of No. 11 on MILL RACE.