8, MEADOW LANE, NEWTOWN, SY16 2DU - £250,000

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

8 MEADOW LANE is a very large detached house of 149m², built sometime between 1967 and 1975. It was last sold for £250,000 in April 2014, which was around 20% above the average April 2014 detached price in the Powys local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

8 MEADOW LANE Sold Prices

Land registry data shows two sales for 8 MEADOW LANE 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 8 MEADOW LANE sales 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
2014 9 APR	£250,000	£207,880	20% above HPI
2007 12 APR	£275,000	£217,545	26% above HPI

8 MEADOW 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 two 8 MEADOW LANE sales from April 2007 and April 2014 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 April 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2014 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 8 MEADOW LANE?

8 MEADOW LANE is 149m² according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses by size in Newtown, and where 8 MEADOW LANE lies on this distribution: 82% of detached houses are smaller than 8 MEADOW LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Newtown.

8 MEADOW LANE: Plot and Title Map

8 MEADOW LANE sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of 8 MEADOW 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 8 MEADOW 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 8 MEADOW LANE?

8 MEADOW LANE is located in NEWTOWN, in the SY16 postcode district. The below map shows the position of No. 8 on MEADOW LANE.