12, MILLBANK, NEATH, SA10 7FJ - £377,000

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

12 MILLBANK is a very large detached house of 164m², built sometime between 2003 and 2006. It was last sold for £377,000 in July 2023, which was around 49% above the average July 2023 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was C.

12 MILLBANK Sold Prices

Land registry data shows three sales for 12 MILLBANK 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 12 MILLBANK 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 7 JUL	£377,000	£253,537	49% above HPI
2017 20 NOV	£234,950	£173,879	35% above HPI
2003 29 AUG	£120,450	£94,007	28% above HPI

12 MILLBANK 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 12 MILLBANK sales between August 2003 and July 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 November 2017 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2023 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 12 MILLBANK?

12 MILLBANK is 164m² according to the EPC inspection conducted in September 2017. 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 12 MILLBANK lies on this distribution: 90% of detached houses are smaller than 12 MILLBANK, and 10% of houses are larger. Note that EPC data is not available for all properties in Neath.

12 MILLBANK: Plot and Title Map

12 MILLBANK sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 12 MILLBANK, 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 12 MILLBANK). 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 12 MILLBANK?

12 MILLBANK is located in NEATH, in the SA10 postcode district. The below map shows the position of No. 12 on MILLBANK.