4, MILLBANK, NEATH, SA10 7FJ - £240,250

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

4 MILLBANK is a very large detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £357,838. It was last sold for £240,250 in January 2019, which was around 45% above the average January 2019 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was C.

4 MILLBANK Sold Prices

Land registry data shows three sales for 4 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 4 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
2019 3 JAN	£240,250	£165,871	45% above HPI
2004 10 AUG	£193,000	£119,079	62% above HPI
2003 27 JUN	£126,950	£86,812	46% above HPI

4 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 4 MILLBANK sales between June 2003 and January 2019 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 2004 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the January 2019 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 4 MILLBANK be worth now?

4 MILLBANK might now be worth an estimated £357,838.

This is based on house price inflation of 48.9%, between January 2019 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 48.9% inflationary increase is applied to the most recent sale price for 4 MILLBANK of £240,250 on 3rd January 2019. For the value to have increased from £240,250 to £357,838 over the four years and one month to December 2024, the following assumptions must hold true:

• The value of 4 MILLBANK has moved in line with the HPI for detached houses in the Neath Port Talbot local authority area.
• The January 2019 sale price of £240,250 represented a fair market value for the property.
• The size, condition, and specification of 4 MILLBANK has not materially changed since January 2019.

How Large is 4 MILLBANK?

4 MILLBANK is 141m² according to the EPC inspection conducted in June 2016. This puts it in the largest 20% 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 4 MILLBANK lies on this distribution: 82% of detached houses houses are smaller than 4 MILLBANK, and 17% of houses are larger. Note that EPC data is not available for all properties in Neath.

4 MILLBANK: Plot and Title Map

4 MILLBANK sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 4 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 4 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 4 MILLBANK?

4 MILLBANK is located in NEATH, in the SA10 postcode district. The below map shows the position of No. 4 on MILLBANK.