2, VILLAGE CLOSE, CROSSGATES, LLANDRINDOD WELLS, LD1 6TB - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 VILLAGE CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £185,000 in June 2007, which was around 16% below the average June 2007 detached price in the Powys local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

2 VILLAGE CLOSE Sold Prices

Land registry data shows two sales for 2 VILLAGE 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 VILLAGE 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
2007 25 JUN	£185,000	£220,107	16% below HPI
1998 4 SEP	£81,000	£81,643	1% below HPI

2 VILLAGE 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 VILLAGE CLOSE sales from September 1998 and June 2007 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 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2007 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 VILLAGE CLOSE?

2 VILLAGE CLOSE is 77m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Crossgates, based on EPC data. The below chart shows the distribution of detached houses by size in Crossgates, and where 2 VILLAGE CLOSE lies on this distribution: 4% of detached houses are smaller than 2 VILLAGE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Crossgates.

2 VILLAGE CLOSE: Plot and Title Map

2 VILLAGE CLOSE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 2 VILLAGE 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 VILLAGE 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 VILLAGE CLOSE?

2 VILLAGE CLOSE is located in CROSSGATES, in the LD1 postcode district. The below map shows the position of No. 2 on VILLAGE CLOSE.