2, BURGESS CLOSE, WELSHPOOL, SY21 7GZ - £217,500

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.

2 BURGESS CLOSE is a very large detached house of 156m², which could now be worth an estimated £295,671. It was last sold for £217,500 in October 2017, which was around 9% below the average October 2017 detached price in the Powys local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

2 BURGESS CLOSE Sold Prices

Land registry data shows two sales for 2 BURGESS CLOSE 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 2 BURGESS 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
2017 27 OCT	£217,500	£238,126	9% below HPI
2014 3 SEP	£197,000	£218,855	10% below HPI

2 BURGESS 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 two 2 BURGESS CLOSE sales from September 2014 and October 2017 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 September 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 BURGESS CLOSE be worth now?

2 BURGESS CLOSE might now be worth an estimated £295,671.

This is based on house price inflation of 35.9%, between October 2017 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 35.9% inflationary increase is applied to the most recent sale price for 2 BURGESS CLOSE of £217,500 on 27th October 2017. For the value to have increased from £217,500 to £295,671 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 BURGESS CLOSE has moved in line with the HPI for detached houses in the Powys local authority area.
• The October 2017 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BURGESS CLOSE has not materially changed since October 2017.

How Large is 2 BURGESS CLOSE?

2 BURGESS CLOSE is 156m² according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses houses in Welshpool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welshpool, and where 2 BURGESS CLOSE lies on this distribution: 89% of detached houses houses are smaller than 2 BURGESS CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Welshpool.

2 BURGESS CLOSE: Plot and Title Map

2 BURGESS CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 2 BURGESS 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 BURGESS 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 BURGESS CLOSE?

2 BURGESS CLOSE is located in WELSHPOOL, in the SY21 postcode district. The below map shows the position of No. 2 on BURGESS CLOSE.