2, WILLOW CLOSE, FOUR CROSSES, LLANYMYNECH, SY22 6NF - £117,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WILLOW CLOSE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £117,000 in June 2003, which was around 17% below the average June 2003 detached price in the Powys local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was B.

2 WILLOW CLOSE Sold Prices

Land registry data shows three sales for 2 WILLOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the three 2 WILLOW 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
2003 6 JUN	£117,000	£140,707	17% below HPI
2000 10 NOV	£71,000	£93,862	24% below HPI
1997 3 FEB	£53,000	£66,393	20% below HPI

2 WILLOW 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 three 2 WILLOW CLOSE sales between February 1997 and June 2003 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 November 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2003 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 WILLOW CLOSE?

2 WILLOW CLOSE is 70m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of detached houses in Four Crosses, based on EPC data. The below chart shows the distribution of detached houses by size in Four Crosses, and where 2 WILLOW CLOSE lies on this distribution: 6% of detached houses are smaller than 2 WILLOW CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Four Crosses.

2 WILLOW CLOSE: Plot and Title Map

2 WILLOW CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 WILLOW 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 WILLOW 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 WILLOW CLOSE?

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