4, MILL LANE, LLANRHIDIAN, SWANSEA, SA3 1ER - £147,000

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 MILL LANE is a very small extended detached house of 87m², built sometime between 1900 and 1929. It was last sold for £147,000 in June 2001, which was around 58% above the average June 2001 detached price in the Swansea local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.

4 MILL LANE Sold Prices

Land registry data shows two sales for 4 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. Both of the two 4 MILL LANE 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
2001 15 JUN	£147,000	£92,787	58% above HPI
1999 27 AUG	£110,000	£81,976	34% above HPI

4 MILL 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 two 4 MILL LANE sales from August 1999 and June 2001 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 August 1999 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2001 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 4 MILL LANE?

4 MILL LANE is 87m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Llanrhidian, based on EPC data. The below chart shows the distribution of detached houses by size in Llanrhidian, and where 4 MILL LANE lies on this distribution: 11% of detached houses are smaller than 4 MILL LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Llanrhidian.

4 MILL LANE: Plot and Title Map

4 MILL LANE sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of 4 MILL 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 MILL 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 MILL LANE?

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