23, MILLBANK, NEATH, SA10 7FJ - £185,000

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

23 MILLBANK is a midsized detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £293,788. It was last sold for £185,000 in June 2017, which was around 19% above the average June 2017 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

23 MILLBANK Sold Prices

Land registry data shows three sales for 23 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 23 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
2017 1 JUN	£185,000	£155,572	19% above HPI
2003 16 OCT	£151,500	£93,765	62% above HPI
2003 11 APR	£123,000	£83,424	47% above HPI

23 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 23 MILLBANK sales between April 2003 and June 2017 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 October 2003 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the June 2017 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 23 MILLBANK be worth now?

23 MILLBANK might now be worth an estimated £293,788.

This is based on house price inflation of 58.8%, between June 2017 and December 2024, for detached houses, in the Neath Port Talbot local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.8% inflationary increase is applied to the most recent sale price for 23 MILLBANK of £185,000 on 1st June 2017. For the value to have increased from £185,000 to £293,788 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 23 MILLBANK has moved in line with the HPI for detached houses in the Neath Port Talbot local authority area.
• The June 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MILLBANK has not materially changed since June 2017.

How Large is 23 MILLBANK?

23 MILLBANK is 111m² according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses houses in Neath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Neath, and where 23 MILLBANK lies on this distribution: 52% of detached houses houses are smaller than 23 MILLBANK, and 46% of houses are larger. Note that EPC data is not available for all properties in Neath.

23 MILLBANK: Plot and Title Map

23 MILLBANK sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 23 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 23 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 23 MILLBANK?

23 MILLBANK is located in NEATH, in the SA10 postcode district. The below map shows the position of No. 23 on MILLBANK.