48, GARTH ROAD, BUILTH WELLS, LD2 3AR - £185,000

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

48 GARTH ROAD is a small detached house of 92m², built sometime between 2003 and 2006. It was last sold for £185,000 in April 2024, which was around 41% below the average April 2024 detached price in the Powys local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

48 GARTH ROAD Sold Prices

Land registry data shows four sales for 48 GARTH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the four 48 GARTH ROAD 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
2024 19 APR	£185,000	£314,558	41% below HPI
2015 17 DEC	£175,000	£216,210	19% below HPI
2008 22 APR	£167,000	£200,969	17% below HPI
2006 17 MAR	£162,500	£209,493	22% below HPI

48 GARTH ROAD 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 four 48 GARTH ROAD sales between March 2006 and April 2024 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 December 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 48 GARTH ROAD?

48 GARTH ROAD is 92m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses in Builth Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Builth Wells, and where 48 GARTH ROAD lies on this distribution: 23% of detached houses are smaller than 48 GARTH ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Builth Wells.

48 GARTH ROAD: Plot and Title Map

48 GARTH ROAD sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 48 GARTH ROAD, 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 48 GARTH ROAD). 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 48 GARTH ROAD?

48 GARTH ROAD is located in BUILTH WELLS, in the LD2 postcode district. The below map shows the position of No. 48 on GARTH ROAD.