4, MILES LANE, MURTON, SWANSEA, SA3 3AS - £305,000

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

4 MILES LANE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £305,000 in January 2022, which was around 4% above the average January 2022 detached price in the Swansea local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

4 MILES LANE Sold Prices

Land registry data shows three sales for 4 MILES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. One of the three 4 MILES LANE sales was for above the average price, whilst two 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
2022 14 JAN	£305,000	£293,481	4% above HPI
2019 21 JAN	£225,000	£234,073	4% below HPI
2007 6 MAR	£130,000	£211,060	38% below HPI

4 MILES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swansea local authority area over time, sourced from the HPI. The three 4 MILES LANE sales between March 2007 and January 2022 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 January 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 4 MILES LANE?

4 MILES LANE is 67m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Manselfield, based on EPC data. The below chart shows the distribution of detached houses by size in Manselfield, and where 4 MILES LANE lies on this distribution: 13% of detached houses are smaller than 4 MILES LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Manselfield.

4 MILES LANE: Plot and Title Map

4 MILES LANE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 4 MILES LANE, 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 4 MILES LANE). 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 4 MILES LANE?

4 MILES LANE is located in MURTON, in the SA3 postcode district. The below map shows the position of No. 4 on MILES LANE.