2, BEECH CLOSE, NEWTOWN, SY16 2QP - £215,000

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.

2 BEECH CLOSE is a very small detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £300,959. It was last sold for £215,000 in October 2016, which was around 7% below the average October 2016 detached price in the Powys local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

2 BEECH CLOSE Sold Prices

Land registry data shows three sales for 2 BEECH CLOSE 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 2 BEECH 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
2016 25 OCT	£215,000	£231,253	7% below HPI
1998 29 JUN	£65,000	£79,022	18% below HPI
1995 30 MAR	£61,750	£63,625	3% below HPI

2 BEECH 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 three 2 BEECH CLOSE sales between March 1995 and October 2016 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 June 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 BEECH CLOSE be worth now?

2 BEECH CLOSE might now be worth an estimated £300,959.

This is based on house price inflation of 40%, between October 2016 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 40% inflationary increase is applied to the most recent sale price for 2 BEECH CLOSE of £215,000 on 25th October 2016. For the value to have increased from £215,000 to £300,959 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 BEECH CLOSE has moved in line with the HPI for detached houses in the Powys local authority area.
• The October 2016 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEECH CLOSE has not materially changed since October 2016.

How Large is 2 BEECH CLOSE?

2 BEECH CLOSE is 79m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% 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 2 BEECH CLOSE lies on this distribution: 20% of detached houses houses are smaller than 2 BEECH CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Newtown.

2 BEECH CLOSE: Plot and Title Map

2 BEECH CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 2 BEECH 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 2 BEECH 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 2 BEECH CLOSE?

2 BEECH CLOSE is located in NEWTOWN, in the SY16 postcode district. The below map shows the position of No. 2 on BEECH CLOSE.