55, MILL RACE, NEATH ABBEY, NEATH, SA10 7FL - £265,050

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 MILL RACE is a large extended detached house of 127m², built sometime between 2003 and 2006, which could now be worth an estimated £406,763. It was last sold for £265,050 in May 2018, which was around 63% above the average May 2018 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

55 MILL RACE Sold Prices

Land registry data shows two sales for 55 MILL RACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. Both of the two 55 MILL RACE 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
2018 4 MAY	£265,050	£162,960	63% above HPI
2004 28 MAY	£143,950	£107,672	34% above HPI

55 MILL RACE 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 two 55 MILL RACE sales from May 2004 and May 2018 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 2004 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2018 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 55 MILL RACE be worth now?

55 MILL RACE might now be worth an estimated £406,763.

This is based on house price inflation of 53.5%, between May 2018 and February 2025, 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 53.5% inflationary increase is applied to the most recent sale price for 55 MILL RACE of £265,050 on 4th May 2018. For the value to have increased from £265,050 to £406,763 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 55 MILL RACE has moved in line with the HPI for detached houses in the Neath Port Talbot local authority area.
• The May 2018 sale price of £265,050 represented a fair market value for the property.
• The size, condition, and specification of 55 MILL RACE has not materially changed since May 2018.

How Large is 55 MILL RACE?

55 MILL RACE is 127m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% 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 55 MILL RACE lies on this distribution: 71% of detached houses houses are smaller than 55 MILL RACE, and 28% of houses are larger. Note that EPC data is not available for all properties in Neath.

55 MILL RACE: Plot and Title Map

55 MILL RACE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 55 MILL RACE, 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 55 MILL RACE). 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 55 MILL RACE?

55 MILL RACE is located in NEATH ABBEY, in the SA10 postcode district. The below map shows the position of No. 55 on MILL RACE.