2, QUARRY COTTAGES, CANAL ROAD, NEWTOWN, SY16 2JS - £142,500

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 QUARRY COTTAGES is a midsized extended semi-detached house of 103m², built sometime between 1900 and 1929, which could now be worth an estimated £175,808. It was last sold for £142,500 in April 2021, which was around 17% below the average April 2021 semi-detached price in the Powys local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 QUARRY COTTAGES Sold Prices

Land registry data shows two sales for 2 QUARRY COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Powys local authority area for the corresponding sale date. Both of the two 2 QUARRY COTTAGES 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
2021 13 APR	£142,500	£172,527	17% below HPI
2017 4 AUG	£115,000	£150,277	23% below HPI

2 QUARRY COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Powys local authority area over time, sourced from the HPI. The two 2 QUARRY COTTAGES sales from August 2017 and April 2021 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 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 QUARRY COTTAGES be worth now?

2 QUARRY COTTAGES might now be worth an estimated £175,808.

This is based on house price inflation of 23.4%, between April 2021 and February 2025, for semi-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 23.4% inflationary increase is applied to the most recent sale price for 2 QUARRY COTTAGES of £142,500 on 13th April 2021. For the value to have increased from £142,500 to £175,808 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 2 QUARRY COTTAGES has moved in line with the HPI for semi-detached houses in the Powys local authority area.
• The April 2021 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 2 QUARRY COTTAGES has not materially changed since April 2021.

How Large is 2 QUARRY COTTAGES?

2 QUARRY COTTAGES is 103m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of semi-detached houses houses in Newtown, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newtown, and where 2 QUARRY COTTAGES lies on this distribution: 45% of semi-detached houses houses are smaller than 2 QUARRY COTTAGES, and 55% of houses are larger. Note that EPC data is not available for all properties in Newtown.

2 QUARRY COTTAGES: Plot and Title Map

2 QUARRY COTTAGES sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 2 QUARRY COTTAGES, 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 QUARRY COTTAGES). 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 QUARRY COTTAGES?

2 QUARRY COTTAGES is located on CANAL ROAD in NEWTOWN, in the SY16 postcode district. The below map shows the position of 2 QUARRY COTTAGES on CANAL ROAD.