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

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 VILLAGE CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £269,966. It was last sold for £185,000 in June 2007, which was around 17% 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	£221,829	17% below HPI
1998 4 SEP	£81,000	£82,282	2% 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2007 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 VILLAGE CLOSE be worth now?

2 VILLAGE CLOSE might now be worth an estimated £269,966.

This is based on house price inflation of 45.9%, between June 2007 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 45.9% inflationary increase is applied to the most recent sale price for 2 VILLAGE CLOSE of £185,000 on 25th June 2007. For the value to have increased from £185,000 to £269,966 over the eighteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 VILLAGE CLOSE has moved in line with the HPI for detached houses in the Powys local authority area.
• The June 2007 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VILLAGE CLOSE has not materially changed since June 2007.

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 houses in Crossgates, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crossgates, and where 2 VILLAGE CLOSE lies on this distribution: 4% of detached houses 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.