4, GROES CLOSE, GROESLLWYD, WELSHPOOL, SY21 9FB - £417,500

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.

4 GROES CLOSE is a very large detached house of 172m², built sometime from 2007 onwards, which could now be worth an estimated £534,219. It was last sold for £417,500 in January 2020, which was around 65% above the average January 2020 detached price in the Powys local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

4 GROES CLOSE Sold Prices

Land registry data shows two sales for 4 GROES 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 4 GROES CLOSE 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
2020 7 JAN	£417,500	£252,984	65% above HPI
2008 29 OCT	£320,000	£213,180	50% above HPI

4 GROES 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 4 GROES CLOSE sales from October 2008 and January 2020 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 October 2008 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the January 2020 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 4 GROES CLOSE be worth now?

4 GROES CLOSE might now be worth an estimated £534,219.

This is based on house price inflation of 28%, between January 2020 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 28% inflationary increase is applied to the most recent sale price for 4 GROES CLOSE of £417,500 on 7th January 2020. For the value to have increased from £417,500 to £534,219 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 GROES CLOSE has moved in line with the HPI for detached houses in the Powys local authority area.
• The January 2020 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 4 GROES CLOSE has not materially changed since January 2020.

How Large is 4 GROES CLOSE?

4 GROES CLOSE is 172m² according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses houses in Guilsfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guilsfield, and where 4 GROES CLOSE lies on this distribution: 84% of detached houses houses are smaller than 4 GROES CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Guilsfield.

4 GROES CLOSE: Plot and Title Map

4 GROES CLOSE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 4 GROES 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 4 GROES 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 4 GROES CLOSE?

4 GROES CLOSE is located in GROESLLWYD, in the SY21 postcode district. The below map shows the position of No. 4 on GROES CLOSE.