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
1 HILLCREST RISE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £230,000 in February 2024, which was around 27% below the average February 2024 detached price in the Powys local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 1 HILLCREST RISE since 1st 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 1 HILLCREST RISE 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 |
---|---|---|---|
2024 26 FEB | £230,000 | £317,187 | 27% below HPI |
2018 6 JUL | £130,000 | £242,450 | 46% below HPI |
The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The two 1 HILLCREST RISE sales from July 2018 and February 2024 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 July 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
1 HILLCREST RISE is 74m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of detached houses in Llandrindod Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Llandrindod Wells, and where 1 HILLCREST RISE lies on this distribution: 12% of detached houses are smaller than 1 HILLCREST RISE, and 87% of houses are larger. Note that EPC data is not available for all properties in Llandrindod Wells.
1 HILLCREST RISE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 1 HILLCREST RISE, 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 1 HILLCREST RISE). 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.
1 HILLCREST RISE is located in LLANDRINDOD WELLS, in the LD1 postcode district. The below map shows the position of No. 1 on HILLCREST RISE.