83, MILL RACE, NEATH ABBEY, NEATH, SA10 7FL - £146,000

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.

83 MILL RACE is a small detached house of 101m², built sometime between 2003 and 2006, which could now be worth an estimated £267,327. It was last sold for £146,000 in December 2012, which was around 5% above the average December 2012 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

83 MILL RACE Sold Prices

Land registry data shows two sales for 83 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 83 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
2012 5 DEC	£146,000	£138,604	5% above HPI
2004 23 AUG	£144,950	£119,079	22% above HPI

83 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 83 MILL RACE sales from August 2004 and December 2012 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 August 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2012 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 83 MILL RACE be worth now?

83 MILL RACE might now be worth an estimated £267,327.

This is based on house price inflation of 83.1%, between December 2012 and May 2026, 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 83.1% inflationary increase is applied to the most recent sale price for 83 MILL RACE of £146,000 on 5th December 2012. For the value to have increased from £146,000 to £267,327 over the fourteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 83 MILL RACE has moved in line with the HPI for detached houses in the Neath Port Talbot local authority area.
• The December 2012 sale price of £146,000 represented a fair market value for the property.
• The size, condition, and specification of 83 MILL RACE has not materially changed since December 2012.

How Large is 83 MILL RACE?

83 MILL RACE is 101m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 40% 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 83 MILL RACE lies on this distribution: 40% of detached houses houses are smaller than 83 MILL RACE, and 59% of houses are larger. Note that EPC data is not available for all properties in Neath.

83 MILL RACE: Plot and Title Map

83 MILL RACE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 83 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 83 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 83 MILL RACE?

83 MILL RACE is located in NEATH ABBEY, in the SA10 postcode district. The below map shows the position of No. 83 on MILL RACE.