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
46 COMMERCIAL STREET is a midsized detached house of 114m², built sometime before 1900. It was last sold for £120,000 in July 2023, which was around 62% below the average July 2023 detached price in the Powys local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 46 COMMERCIAL STREET since 1st 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 46 COMMERCIAL STREET 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 |
---|---|---|---|
2023 17 JUL | £120,000 | £312,221 | 62% below HPI |
2001 12 OCT | £34,000 | £99,990 | 66% below HPI |
1997 28 MAY | £24,000 | £69,419 | 65% below HPI |
The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The three 46 COMMERCIAL STREET sales between May 1997 and July 2023 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 2001 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the July 2023 sale, where it rises to 62% below the HPI. The line then continues to track at 62% below the HPI.
46 COMMERCIAL STREET is 114m² according to the EPC inspection conducted in February 2023. This puts it in the largest 50% of detached houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses by size in Newtown, and where 46 COMMERCIAL STREET lies on this distribution: 55% of detached houses are smaller than 46 COMMERCIAL STREET, and 44% of houses are larger. Note that EPC data is not available for all properties in Newtown.
46 COMMERCIAL STREET sits on a plot of roughly 0.008 of an acre, or 34m². The below map shows the location of 46 COMMERCIAL STREET, 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 46 COMMERCIAL STREET). 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.
46 COMMERCIAL STREET is located in NEWTOWN, in the SY16 postcode district. The below map shows the position of No. 46 on COMMERCIAL STREET.