5, CHESTNUT DRIVE, MIDDLETOWN, WELSHPOOL, SY21 8EY - £238,000

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.

5 CHESTNUT DRIVE is a midsized detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £311,724. It was last sold for £238,000 in May 2019, which was around 4% below the average May 2019 detached price in the Powys local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

5 CHESTNUT DRIVE Sold Prices

Land registry data shows three sales for 5 CHESTNUT DRIVE 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. One of the three 5 CHESTNUT DRIVE sales was for below the average price, whilst two 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 21 MAY	£238,000	£247,151	4% below HPI
2003 12 DEC	£169,000	£157,011	8% above HPI
2001 7 JUN	£115,200	£99,836	15% above HPI

5 CHESTNUT DRIVE 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 5 CHESTNUT DRIVE sales between June 2001 and May 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 December 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 CHESTNUT DRIVE be worth now?

5 CHESTNUT DRIVE might now be worth an estimated £311,724.

This is based on house price inflation of 31%, between May 2019 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 31% inflationary increase is applied to the most recent sale price for 5 CHESTNUT DRIVE of £238,000 on 21st May 2019. For the value to have increased from £238,000 to £311,724 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 5 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the Powys local authority area.
• The May 2019 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHESTNUT DRIVE has not materially changed since May 2019.

How Large is 5 CHESTNUT DRIVE?

5 CHESTNUT DRIVE is 124m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% of detached houses houses in Middletown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middletown, and where 5 CHESTNUT DRIVE lies on this distribution: 46% of detached houses houses are smaller than 5 CHESTNUT DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Middletown.

5 CHESTNUT DRIVE: Plot and Title Map

5 CHESTNUT DRIVE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 5 CHESTNUT DRIVE, 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 5 CHESTNUT DRIVE). 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 5 CHESTNUT DRIVE?

5 CHESTNUT DRIVE is located in MIDDLETOWN, in the SY21 postcode district. The below map shows the position of No. 5 on CHESTNUT DRIVE.