2, NEW MILL ROAD, SKETTY, SWANSEA, SA2 8NH - £109,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 NEW MILL ROAD is a very small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £185,212. It was last sold for £109,500 in May 2011, which was around 10% below the average May 2011 semi-detached price in the Swansea local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

2 NEW MILL ROAD Sold Prices

Land registry data shows two sales for 2 NEW MILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Swansea local authority area for the corresponding sale date. Both of the two 2 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
2011 23 MAY	£109,500	£122,094	10% below HPI
2001 15 JUN	£39,000	£54,993	29% below HPI

2 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 two 2 NEW MILL ROAD sales from June 2001 and May 2011 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 June 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2011 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 NEW MILL ROAD be worth now?

2 NEW MILL ROAD might now be worth an estimated £185,212.

This is based on house price inflation of 69.1%, between May 2011 and December 2024, 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 69.1% inflationary increase is applied to the most recent sale price for 2 NEW MILL ROAD of £109,500 on 23rd May 2011. For the value to have increased from £109,500 to £185,212 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 2 NEW MILL ROAD has moved in line with the HPI for semi-detached houses in the Swansea local authority area.
• The May 2011 sale price of £109,500 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW MILL ROAD has not materially changed since May 2011.

How Large is 2 NEW MILL ROAD?

2 NEW MILL ROAD is 72m² according to the EPC inspection conducted in April 2022. 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 2 NEW MILL ROAD lies on this distribution: 9% of semi-detached houses houses are smaller than 2 NEW MILL ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Swansea.

2 NEW MILL ROAD: Plot and Title Map

2 NEW MILL ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 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 2 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 2 NEW MILL ROAD?

2 NEW MILL ROAD is located in SKETTY, in the SA2 postcode district. The below map shows the position of No. 2 on NEW MILL ROAD.