10, OAK CLOSE, FOUR CROSSES, LLANYMYNECH, SY22 6NL - £242,500

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.

10 OAK CLOSE is a small detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £249,822. It was last sold for £242,500 in March 2023, which was around 23% below the average March 2023 detached price in the Powys local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

10 OAK CLOSE Sold Prices

Land registry data shows five sales for 10 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the five 10 OAK CLOSE 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
2023 30 MAR	£242,500	£314,222	23% below HPI
2020 28 AUG	£190,000	£259,494	27% below HPI
2003 28 MAR	£115,000	£137,718	16% below HPI
2000 30 JUN	£59,000	£90,252	35% below HPI
1996 22 FEB	£56,000	£64,368	13% below HPI

10 OAK CLOSE 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 five 10 OAK CLOSE sales between February 1996 and March 2023 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 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 10 OAK CLOSE be worth now?

10 OAK CLOSE might now be worth an estimated £249,822.

This is based on house price inflation of 3%, between March 2023 and February 2025, 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 3% inflationary increase is applied to the most recent sale price for 10 OAK CLOSE of £242,500 on 30th March 2023. For the value to have increased from £242,500 to £249,822 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 10 OAK CLOSE has moved in line with the HPI for detached houses in the Powys local authority area.
• The March 2023 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 10 OAK CLOSE has not materially changed since March 2023.

How Large is 10 OAK CLOSE?

10 OAK CLOSE is 88m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% 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 10 OAK CLOSE lies on this distribution: 25% of detached houses houses are smaller than 10 OAK CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Four Crosses.

10 OAK CLOSE: Plot and Title Map

10 OAK CLOSE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 10 OAK CLOSE, 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 10 OAK CLOSE). 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 10 OAK CLOSE?

10 OAK CLOSE is located in FOUR CROSSES, in the SY22 postcode district. The below map shows the position of No. 10 on OAK CLOSE.