7, MILL STREET, GOWERTON, SWANSEA, SA4 3ED - £205,000

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

7 MILL STREET is a midsized extended detached house of 121m², built sometime between 1900 and 1929, which could now be worth an estimated £222,966. It was last sold for £205,000 in November 2021, which was around 30% below the average November 2021 detached price in the Swansea local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

7 MILL STREET Sold Prices

Land registry data shows three sales for 7 MILL STREET 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. All of the three 7 MILL STREET sales 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
2021 8 NOV	£205,000	£294,671	30% below HPI
2017 30 NOV	£154,250	£226,556	32% below HPI
1998 4 DEC	£65,500	£79,667	18% below HPI

7 MILL STREET 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 7 MILL STREET sales between December 1998 and November 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 November 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 7 MILL STREET be worth now?

7 MILL STREET might now be worth an estimated £222,966.

This is based on house price inflation of 8.8%, between November 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 8.8% inflationary increase is applied to the most recent sale price for 7 MILL STREET of £205,000 on 8th November 2021. For the value to have increased from £205,000 to £222,966 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 MILL STREET has moved in line with the HPI for detached houses in the Swansea local authority area.
• The November 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILL STREET has not materially changed since November 2021.

How Large is 7 MILL STREET?

7 MILL STREET is 121m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 50% of detached houses houses in Gowerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gowerton, and where 7 MILL STREET lies on this distribution: 56% of detached houses houses are smaller than 7 MILL STREET, and 42% of houses are larger. Note that EPC data is not available for all properties in Gowerton.

7 MILL STREET: Plot and Title Map

7 MILL STREET sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 7 MILL STREET, 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 7 MILL STREET). 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 7 MILL STREET?

7 MILL STREET is located in GOWERTON, in the SA4 postcode district. The below map shows the position of No. 7 on MILL STREET.