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
5 GARREG DRIVE is a midsized detached house of 99m², built sometime between 1967 and 1975. It was last sold for £167,500 in February 2019, which was around 33% below the average February 2019 detached price in the Powys local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 GARREG DRIVE since 1st 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 5 GARREG DRIVE 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 |
---|---|---|---|
2019 8 FEB | £167,500 | £249,749 | 33% below HPI |
2014 17 JUL | £125,000 | £212,588 | 41% below HPI |
The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The two 5 GARREG DRIVE sales from July 2014 and February 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 July 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
5 GARREG DRIVE is 99m² according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses in Welshpool, based on EPC data. The below chart shows the distribution of detached houses by size in Welshpool, and where 5 GARREG DRIVE lies on this distribution: 55% of detached houses are smaller than 5 GARREG DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Welshpool.
5 GARREG DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 5 GARREG 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 GARREG 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.
5 GARREG DRIVE is located in WELSHPOOL, in the SY21 postcode district. The below map shows the position of No. 5 on GARREG DRIVE.