1, LAURELS, WEST STREET, RHAYADER, LD6 5AF - £160,000

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

1 LAURELS is a very large extended detached house of 138m², built sometime before 1900, which could now be worth an estimated £198,989. It was last sold for £160,000 in November 2018, which was around 37% below the average November 2018 detached price in the Powys local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

1 LAURELS Sold Prices

Land registry data shows four sales for 1 LAURELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the four 1 LAURELS 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 7 NOV	£160,000	£252,702	37% below HPI
2005 4 FEB	£159,500	£197,802	19% below HPI
1998 29 JAN	£64,000	£75,477	15% below HPI
1995 10 JUN	£51,000	£64,850	21% below HPI

1 LAURELS 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 four 1 LAURELS sales between June 1995 and November 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 February 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 LAURELS be worth now?

1 LAURELS might now be worth an estimated £198,989.

This is based on house price inflation of 24.4%, between November 2018 and December 2024, for detached houses, in the Powys local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.4% inflationary increase is applied to the most recent sale price for 1 LAURELS of £160,000 on 7th November 2018. For the value to have increased from £160,000 to £198,989 over the five years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 LAURELS has moved in line with the HPI for detached houses in the Powys local authority area.
• The November 2018 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LAURELS has not materially changed since November 2018.

How Large is 1 LAURELS?

1 LAURELS is 138m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses houses in Rhayader, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rhayader, and where 1 LAURELS lies on this distribution: 81% of detached houses houses are smaller than 1 LAURELS, and 19% of houses are larger. Note that EPC data is not available for all properties in Rhayader.

1 LAURELS: Plot and Title Map

1 LAURELS sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 1 LAURELS, 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 LAURELS). 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 1 LAURELS?

1 LAURELS is located on WEST STREET in RHAYADER, in the LD6 postcode district. The below map shows the position of 1 LAURELS on WEST STREET.