1, OFFAS PARK, FOUR CROSSES, LLANYMYNECH, SY22 6QU - £237,000

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 OFFAS PARK is a very large detached house of 148m², built sometime between 1996 and 2002, which could now be worth an estimated £355,524. It was last sold for £237,000 in April 2014, which was around 13% above the average April 2014 detached price in the Powys local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

1 OFFAS PARK Sold Prices

Land registry data shows two sales for 1 OFFAS PARK 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 1 OFFAS PARK 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
2014 11 APR	£237,000	£209,506	13% above HPI
2000 28 JUL	£125,000	£91,231	37% above HPI

1 OFFAS PARK 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 1 OFFAS PARK sales from July 2000 and April 2014 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 2000 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2014 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 1 OFFAS PARK be worth now?

1 OFFAS PARK might now be worth an estimated £355,524.

This is based on house price inflation of 50%, between April 2014 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 50% inflationary increase is applied to the most recent sale price for 1 OFFAS PARK of £237,000 on 11th April 2014. For the value to have increased from £237,000 to £355,524 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 1 OFFAS PARK has moved in line with the HPI for detached houses in the Powys local authority area.
• The April 2014 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OFFAS PARK has not materially changed since April 2014.

How Large is 1 OFFAS PARK?

1 OFFAS PARK is 148m² according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses houses in Four Crosses, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Crosses, and where 1 OFFAS PARK lies on this distribution: 87% of detached houses houses are smaller than 1 OFFAS PARK, and 13% of houses are larger. Note that EPC data is not available for all properties in Four Crosses.

1 OFFAS PARK: Plot and Title Map

1 OFFAS PARK sits on a plot of roughly 0.309 of an acre, or 1,251m². The below map shows the location of 1 OFFAS PARK, 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 OFFAS PARK). 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 OFFAS PARK?

1 OFFAS PARK is located in FOUR CROSSES, in the SY22 postcode district. The below map shows the position of No. 1 on OFFAS PARK.