MICHAELSTONE COTTAGE, RAILMILL LANE, CWMAVON, PORT TALBOT, SA12 9DL - £470,000

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

MICHAELSTONE COTTAGE is a very large extended detached house of 243m², built sometime between 1983 and 1990. It was last sold for £470,000 in November 2020, which was around 135% above the average November 2020 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

MICHAELSTONE COTTAGE Sold Prices

Land registry data shows four sales for MICHAELSTONE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. Most of the four MICHAELSTONE COTTAGE 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
2020 20 NOV	£470,000	£200,256	135% above HPI
2015 12 JUN	£118,000	£150,150	21% below HPI
2007 14 SEP	£305,000	£166,712	83% above HPI
2001 19 JAN	£98,000	£67,510	45% above HPI

MICHAELSTONE COTTAGE 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 four MICHAELSTONE COTTAGE sales between January 2001 and November 2020 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 June 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2020 sale, where it rises to 135% above the HPI. The line then continues to track at 135% above the HPI.

How Large is MICHAELSTONE COTTAGE?

MICHAELSTONE COTTAGE is 243m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in Cwmavon, based on EPC data. The below chart shows the distribution of detached houses by size in Cwmavon, and where MICHAELSTONE COTTAGE lies on this distribution: 97% of detached houses are smaller than MICHAELSTONE COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Cwmavon.

MICHAELSTONE COTTAGE: Plot and Title Map

MICHAELSTONE COTTAGE sits on a plot of roughly 0.311 of an acre, or 1,258m². The below map shows the location of MICHAELSTONE COTTAGE, 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 MICHAELSTONE COTTAGE). 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 MICHAELSTONE COTTAGE?

MICHAELSTONE COTTAGE is located on RAILMILL LANE in CWMAVON, in the SA12 postcode district. The below map shows the position of MICHAELSTONE COTTAGE on RAILMILL LANE.