7, PENARRON DRIVE, KERRY, NEWTOWN, SY16 4EA - £175,000

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.

7 PENARRON DRIVE is a small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £224,174. It was last sold for £175,000 in November 2018, which was around 31% below the average November 2018 detached price in the Powys local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was A.

7 PENARRON DRIVE Sold Prices

Land registry data shows two sales for 7 PENARRON DRIVE since 1^st 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 7 PENARRON 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
2018 26 NOV	£175,000	£252,702	31% below HPI
1998 4 NOV	£60,000	£77,199	22% below HPI

7 PENARRON 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 two 7 PENARRON DRIVE sales from November 1998 and November 2018 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 November 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 7 PENARRON DRIVE be worth now?

7 PENARRON DRIVE might now be worth an estimated £224,174.

This is based on house price inflation of 28.1%, between November 2018 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 28.1% inflationary increase is applied to the most recent sale price for 7 PENARRON DRIVE of £175,000 on 26th November 2018. For the value to have increased from £175,000 to £224,174 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 PENARRON DRIVE has moved in line with the HPI for detached houses in the Powys local authority area.
• The November 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PENARRON DRIVE has not materially changed since November 2018.

How Large is 7 PENARRON DRIVE?

7 PENARRON DRIVE is 75m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses houses in Ceri, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ceri, and where 7 PENARRON DRIVE lies on this distribution: 26% of detached houses houses are smaller than 7 PENARRON DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Ceri.

7 PENARRON DRIVE: Plot and Title Map

7 PENARRON DRIVE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 7 PENARRON 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 7 PENARRON 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 7 PENARRON DRIVE?

7 PENARRON DRIVE is located in KERRY, in the SY16 postcode district. The below map shows the position of No. 7 on PENARRON DRIVE.