7, OLD TAVERN LANE, WELSHPOOL, SY21 7JD - £217,500

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.

7 OLD TAVERN LANE is a large detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £310,250. It was last sold for £217,500 in June 2017, which was around 4% below the average June 2017 detached price in the Powys local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

7 OLD TAVERN LANE Sold Prices

Land registry data shows three sales for 7 OLD TAVERN LANE 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 OLD TAVERN LANE 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 2 JUN	£217,500	£226,936	4% below HPI
2006 1 DEC	£190,000	£210,694	10% below HPI
2003 3 SEP	£137,000	£154,209	11% below HPI

7 OLD TAVERN LANE 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 OLD TAVERN LANE sales between September 2003 and June 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 December 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2017 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 7 OLD TAVERN LANE be worth now?

7 OLD TAVERN LANE might now be worth an estimated £310,250.

This is based on house price inflation of 42.6%, between June 2017 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 42.6% inflationary increase is applied to the most recent sale price for 7 OLD TAVERN LANE of £217,500 on 2nd June 2017. For the value to have increased from £217,500 to £310,250 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 7 OLD TAVERN LANE has moved in line with the HPI for detached houses in the Powys local authority area.
• The June 2017 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 7 OLD TAVERN LANE has not materially changed since June 2017.

How Large is 7 OLD TAVERN LANE?

7 OLD TAVERN LANE is 114m² according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of detached houses houses in Welshpool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welshpool, and where 7 OLD TAVERN LANE lies on this distribution: 66% of detached houses houses are smaller than 7 OLD TAVERN LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Welshpool.

7 OLD TAVERN LANE: Plot and Title Map

7 OLD TAVERN LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 7 OLD TAVERN LANE, 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 OLD TAVERN LANE). 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 OLD TAVERN LANE?

7 OLD TAVERN LANE is located in WELSHPOOL, in the SY21 postcode district. The below map shows the position of No. 7 on OLD TAVERN LANE.