2, OFFAS PARK, FOUR CROSSES, LLANYMYNECH, SY22 6QU - £280,000

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 OFFAS PARK is a large detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £458,230. It was last sold for £280,000 in February 2005, which was around 42% above the average February 2005 detached price in the Powys local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

2 OFFAS PARK Sold Prices

Land registry data shows two sales for 2 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 2 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
2005 28 FEB	£280,000	£197,802	42% above HPI
2000 28 APR	£97,000	£86,346	12% above HPI

2 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 2 OFFAS PARK sales from April 2000 and February 2005 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 April 2000 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2005 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 2 OFFAS PARK be worth now?

2 OFFAS PARK might now be worth an estimated £458,230.

This is based on house price inflation of 63.7%, between February 2005 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 63.7% inflationary increase is applied to the most recent sale price for 2 OFFAS PARK of £280,000 on 28th February 2005. For the value to have increased from £280,000 to £458,230 over the twenty years to February 2025, the following assumptions must hold true:

• The value of 2 OFFAS PARK has moved in line with the HPI for detached houses in the Powys local authority area.
• The February 2005 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OFFAS PARK has not materially changed since February 2005.

How Large is 2 OFFAS PARK?

2 OFFAS PARK is 122m² according to the EPC inspection conducted in June 2019. This puts it in the largest 40% 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 2 OFFAS PARK lies on this distribution: 68% of detached houses houses are smaller than 2 OFFAS PARK, and 32% of houses are larger. Note that EPC data is not available for all properties in Four Crosses.

2 OFFAS PARK: Plot and Title Map

2 OFFAS PARK sits on a plot of roughly 0.213 of an acre, or 860m². The below map shows the location of 2 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 2 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 2 OFFAS PARK?

2 OFFAS PARK is located in FOUR CROSSES, in the SY22 postcode district. The below map shows the position of No. 2 on OFFAS PARK.