DERRON, LLYS IFOR, NEWTOWN, SY16 2DB - £228,000

DERRON is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £228,000 in May 2018, which was around 4% below the average May 2018 detached price in the Powys local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

DERRON Sold Prices

Land registry data shows two sales for DERRON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Powys local authority area for the corresponding sale date. Both of the two DERRON 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
2018 16 MAY	£228,000	£238,619	4% below HPI
2010 26 JAN	£195,000	£207,843	6% below HPI

DERRON Price Paid vs. HPI Average

The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The two DERRON sales from January 2010 and May 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 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is DERRON?

DERRON is 70m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses by size in Newtown, and where DERRON lies on this distribution: 8% of detached houses are smaller than DERRON, and 90% of houses are larger. Note that EPC data is not available for all properties in Newtown.

DERRON: Plot and Title Map

DERRON sits on a plot of roughly 0.234 of an acre, or 947m². The below map shows the location of DERRON, 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 DERRON). 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 DERRON?

DERRON is located on LLYS IFOR in NEWTOWN, in the SY16 postcode district. The below map shows the position of DERRON on LLYS IFOR.