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 MARKET STREET is a very small extended detached house of 67m², built sometime between 1900 and 1929. It was last sold for £106,000 in April 2017, which was around 53% below the average April 2017 detached price in the Powys local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 48 MARKET STREET since 1st 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 MARKET 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 |
---|---|---|---|
2017 18 APR | £106,000 | £227,101 | 53% below HPI |
2007 25 JAN | £119,000 | £203,413 | 41% below HPI |
2005 25 NOV | £119,000 | £203,653 | 42% below HPI |
2003 23 MAY | £59,000 | £136,936 | 57% below HPI |
The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The four 48 MARKET STREET sales between May 2003 and April 2017 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 January 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2017 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.
48 MARKET STREET is 67m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% 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 MARKET STREET lies on this distribution: 3% of detached houses are smaller than 48 MARKET STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Builth Wells.
48 MARKET STREET sits on a plot of roughly 0.015 of an acre, or 59m². The below map shows the location of 48 MARKET 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 48 MARKET 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.
48 MARKET STREET is located in BUILTH WELLS, in the LD2 postcode district. The below map shows the position of No. 48 on MARKET STREET.