16, MILL FIELDS, MILFORD, NEWTOWN, SY16 3JP - £595,000

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.

16 MILL FIELDS is a very large extended detached house of 260m², built sometime between 1983 and 1990, which could now be worth an estimated £761,397. It was last sold for £595,000 in December 2019, which was around 135% above the average December 2019 detached price in the Powys local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

16 MILL FIELDS Sold Prices

Land registry data shows three sales for 16 MILL FIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the three 16 MILL FIELDS 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
2019 20 DEC	£595,000	£252,966	135% above HPI
2017 1 NOV	£590,000	£239,956	146% above HPI
2004 16 FEB	£247,500	£163,261	52% above HPI

16 MILL FIELDS 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 three 16 MILL FIELDS sales between February 2004 and December 2019 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 November 2017 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the December 2019 sale, where it falls to 135% above the HPI. The line then continues to track at 135% above the HPI.

What might 16 MILL FIELDS be worth now?

16 MILL FIELDS might now be worth an estimated £761,397.

This is based on house price inflation of 28%, between December 2019 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 28% inflationary increase is applied to the most recent sale price for 16 MILL FIELDS of £595,000 on 20th December 2019. For the value to have increased from £595,000 to £761,397 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 MILL FIELDS has moved in line with the HPI for detached houses in the Powys local authority area.
• The December 2019 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILL FIELDS has not materially changed since December 2019.

How Large is 16 MILL FIELDS?

16 MILL FIELDS is 260m², which includes four extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newtown, and where 16 MILL FIELDS lies on this distribution: 98% of detached houses houses are smaller than 16 MILL FIELDS, and 2% of houses are larger. Note that EPC data is not available for all properties in Newtown.

16 MILL FIELDS: Plot and Title Map

16 MILL FIELDS sits on a plot of roughly 0.502 of an acre, or 2,033m². The below map shows the location of 16 MILL FIELDS, 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 16 MILL FIELDS). 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 16 MILL FIELDS?

16 MILL FIELDS is located in MILFORD, in the SY16 postcode district. The below map shows the position of No. 16 on MILL FIELDS.