23, MILLANDS CLOSE, NEWTON, SWANSEA, SA3 4SE - £332,500

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.

23 MILLANDS CLOSE is a midsized detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £480,497. It was last sold for £332,500 in January 2018, which was around 46% above the average January 2018 detached price in the Swansea local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

23 MILLANDS CLOSE Sold Prices

Land registry data shows two sales for 23 MILLANDS CLOSE 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 23 MILLANDS CLOSE 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 5 JAN	£332,500	£227,511	46% above HPI
2009 23 JAN	£249,950	£212,799	17% above HPI

23 MILLANDS CLOSE 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 23 MILLANDS CLOSE sales from January 2009 and January 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 January 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2018 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 23 MILLANDS CLOSE be worth now?

23 MILLANDS CLOSE might now be worth an estimated £480,497.

This is based on house price inflation of 44.5%, between January 2018 and May 2026, 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 44.5% inflationary increase is applied to the most recent sale price for 23 MILLANDS CLOSE of £332,500 on 5th January 2018. For the value to have increased from £332,500 to £480,497 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 23 MILLANDS CLOSE has moved in line with the HPI for detached houses in the Swansea local authority area.
• The January 2018 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 23 MILLANDS CLOSE has not materially changed since January 2018.

How Large is 23 MILLANDS CLOSE?

23 MILLANDS CLOSE is 110m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% 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 23 MILLANDS CLOSE lies on this distribution: 45% of detached houses houses are smaller than 23 MILLANDS CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Swansea.

23 MILLANDS CLOSE: Plot and Title Map

23 MILLANDS CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 23 MILLANDS CLOSE, 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 23 MILLANDS CLOSE). 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 23 MILLANDS CLOSE?

23 MILLANDS CLOSE is located in NEWTON, in the SA3 postcode district. The below map shows the position of No. 23 on MILLANDS CLOSE.