125, NEW MILL ROAD, SKETTY, SWANSEA, SA2 8PE - £118,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

125 NEW MILL ROAD is a very small semi-detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £136,105. It was last sold for £118,000 in August 2021, which was around 33% below the average August 2021 semi-detached price in the Swansea local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

125 NEW MILL ROAD Sold Prices

Land registry data shows three sales for 125 NEW MILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Swansea local authority area for the corresponding sale date. All of the three 125 NEW MILL ROAD 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
2021 18 AUG	£118,000	£175,855	33% below HPI
2006 21 FEB	£119,500	£123,648	3% below HPI
1998 27 NOV	£41,250	£46,152	11% below HPI

125 NEW MILL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Swansea local authority area over time, sourced from the HPI. The three 125 NEW MILL ROAD sales between November 1998 and August 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 February 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 125 NEW MILL ROAD be worth now?

125 NEW MILL ROAD might now be worth an estimated £136,105.

This is based on house price inflation of 15.3%, between August 2021 and February 2025, for semi-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 15.3% inflationary increase is applied to the most recent sale price for 125 NEW MILL ROAD of £118,000 on 18th August 2021. For the value to have increased from £118,000 to £136,105 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 125 NEW MILL ROAD has moved in line with the HPI for semi-detached houses in the Swansea local authority area.
• The August 2021 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 125 NEW MILL ROAD has not materially changed since August 2021.

How Large is 125 NEW MILL ROAD?

125 NEW MILL ROAD is 63m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of semi-detached houses houses in Swansea, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swansea, and where 125 NEW MILL ROAD lies on this distribution: 4% of semi-detached houses houses are smaller than 125 NEW MILL ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Swansea.

125 NEW MILL ROAD: Plot and Title Map

125 NEW MILL ROAD sits on a plot of roughly 2.2 acres, or 8,864m². The below map shows the location of 125 NEW MILL ROAD, 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 125 NEW MILL ROAD). 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 125 NEW MILL ROAD?

125 NEW MILL ROAD is located in SKETTY, in the SA2 postcode district. The below map shows the position of No. 125 on NEW MILL ROAD.