5, MILL LANE, BLACKPILL, SWANSEA, SA3 5BD - £550,000

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

5 MILL LANE is a very large extended detached house of 194m², built sometime between 1996 and 2002. It was last sold for £550,000 in June 2021, which was around 100% above the average June 2021 detached price in the Swansea local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

5 MILL LANE Sold Prices

Land registry data shows four sales for 5 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. Most of the four 5 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
2021 30 JUN	£550,000	£275,531	100% above HPI
2007 9 MAY	£430,000	£211,920	103% above HPI
2002 16 AUG	£175,000	£106,852	64% above HPI
1995 30 MAR	£64,000	£71,219	10% below HPI

5 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 four 5 MILL LANE sales between March 1995 and June 2021 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 May 2007 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the June 2021 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 5 MILL LANE be worth now?

5 MILL LANE might now be worth an estimated £639,755.

This is based on house price inflation of 16.3%, between June 2021 and December 2024, for 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 16.3% inflationary increase is applied to the most recent sale price for 5 MILL LANE of £550,000 on 30th June 2021. For the value to have increased from £550,000 to £639,755 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 5 MILL LANE has moved in line with the HPI for detached houses in the Swansea local authority area.
• The June 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILL LANE has not materially changed since June 2021.

How Large is 5 MILL LANE?

5 MILL LANE is 194m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses houses in Swansea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swansea, and where 5 MILL LANE lies on this distribution: 90% of detached houses houses are smaller than 5 MILL LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Swansea.

5 MILL LANE: Plot and Title Map

5 MILL LANE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 5 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 5 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 5 MILL LANE?

5 MILL LANE is located in BLACKPILL, in the SA3 postcode district. The below map shows the position of No. 5 on MILL LANE.