ROSE BANK, SANDY LANE, PARKMILL, SWANSEA, SA3 2ER - £310,000

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

ROSE BANK is a very small extended detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £447,498. It was last sold for £310,000 in November 2016, which was around 42% above the average November 2016 detached price in the Swansea local authority area. The most recent EPC inspection was May 2010, where the current energy rating was F, and the potential energy rating was E.

ROSE BANK Sold Prices

Land registry data shows two sales for ROSE BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. Both of the two ROSE BANK 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
2016 18 NOV	£310,000	£218,514	42% above HPI
2010 27 OCT	£310,000	£202,844	53% above HPI

ROSE BANK 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 two ROSE BANK sales from October 2010 and November 2016 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 October 2010 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the November 2016 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might ROSE BANK be worth now?

ROSE BANK might now be worth an estimated £447,498.

This is based on house price inflation of 44.4%, between November 2016 and February 2025, 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 44.4% inflationary increase is applied to the most recent sale price for ROSE BANK of £310,000 on 18th November 2016. For the value to have increased from £310,000 to £447,498 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of ROSE BANK has moved in line with the HPI for detached houses in the Swansea local authority area.
• The November 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of ROSE BANK has not materially changed since November 2016.

How Large is ROSE BANK?

ROSE BANK is 78m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses houses in Southgate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southgate, and where ROSE BANK lies on this distribution: 6% of detached houses houses are smaller than ROSE BANK, and 94% of houses are larger. Note that EPC data is not available for all properties in Southgate.

ROSE BANK: Plot and Title Map

ROSE BANK sits on a plot of roughly 0.258 of an acre, or 1,044m². The below map shows the location of ROSE BANK, 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 ROSE BANK). 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 ROSE BANK?

ROSE BANK is located on SANDY LANE in PARKMILL, in the SA3 postcode district. The below map shows the position of ROSE BANK on SANDY LANE.