3, OFFAS PARK, FOUR CROSSES, LLANYMYNECH, SY22 6QU - £287,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 OFFAS PARK is a large detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £367,602. It was last sold for £287,500 in August 2019, which was around 17% above the average August 2019 detached price in the Powys local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was C.

3 OFFAS PARK Sold Prices

Land registry data shows three sales for 3 OFFAS PARK 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 3 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
2019 15 AUG	£287,500	£245,797	17% above HPI
2002 12 JUL	£135,000	£120,860	12% above HPI
2000 19 APR	£97,000	£86,346	12% above HPI

3 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 three 3 OFFAS PARK sales between April 2000 and August 2019 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 July 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 3 OFFAS PARK be worth now?

3 OFFAS PARK might now be worth an estimated £367,602.

This is based on house price inflation of 27.9%, between August 2019 and December 2024, 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 27.9% inflationary increase is applied to the most recent sale price for 3 OFFAS PARK of £287,500 on 15th August 2019. For the value to have increased from £287,500 to £367,602 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 OFFAS PARK has moved in line with the HPI for detached houses in the Powys local authority area.
• The August 2019 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 3 OFFAS PARK has not materially changed since August 2019.

How Large is 3 OFFAS PARK?

3 OFFAS PARK is 118m² according to the EPC inspection conducted in April 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 3 OFFAS PARK lies on this distribution: 60% of detached houses houses are smaller than 3 OFFAS PARK, and 37% of houses are larger. Note that EPC data is not available for all properties in Four Crosses.

3 OFFAS PARK: Plot and Title Map

3 OFFAS PARK sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of 3 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 3 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 3 OFFAS PARK?

3 OFFAS PARK is located in FOUR CROSSES, in the SY22 postcode district. The below map shows the position of No. 3 on OFFAS PARK.