7, ASH CLOSE, NEWTOWN, SY16 2QH - £198,000

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

7 ASH CLOSE is a very small detached house of 49m², built sometime between 1967 and 1975. It was last sold for £198,000 in August 2023, which was around 38% below the average August 2023 detached price in the Powys local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

7 ASH CLOSE Sold Prices

Land registry data shows three sales for 7 ASH CLOSE 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. All of the three 7 ASH CLOSE 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 14 AUG	£198,000	£320,893	38% below HPI
2006 2 JUN	£140,000	£204,664	32% below HPI
2001 20 JUL	£59,000	£100,774	41% below HPI

7 ASH CLOSE 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 7 ASH CLOSE sales between July 2001 and August 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 June 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 7 ASH CLOSE?

7 ASH CLOSE is 49m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses by size in Newtown, and where 7 ASH CLOSE lies on this distribution: 1% of detached houses are smaller than 7 ASH CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Newtown.

7 ASH CLOSE: Plot and Title Map

7 ASH CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 7 ASH CLOSE, 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 7 ASH CLOSE). 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 7 ASH CLOSE?

7 ASH CLOSE is located in NEWTOWN, in the SY16 postcode district. The below map shows the position of No. 7 on ASH CLOSE.