8B, PARK AVENUE, KERRY, NEWTOWN, SY16 4DA - £285,000

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

8B PARK AVENUE is a midsized extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £285,000 in August 2021, which was about the average August 2021 detached price in the Powys local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

8B PARK AVENUE Sold Prices

Land registry data shows three sales for 8B PARK AVENUE 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. The three 8B PARK AVENUE sales were a mix of roughly equal to the average price, and 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
2021 5 AUG	£285,000	£284,629	Close to HPI
1997 21 NOV	£59,000	£72,400	19% below HPI
1995 3 APR	£53,500	£62,353	14% below HPI

8B PARK AVENUE 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 8B PARK AVENUE sales between April 1995 and August 2021 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 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8B PARK AVENUE?

8B PARK AVENUE is 100m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Ceri, based on EPC data. The below chart shows the distribution of detached houses by size in Ceri, and where 8B PARK AVENUE lies on this distribution: 48% of detached houses are smaller than 8B PARK AVENUE, and 52% of houses are larger. Note that EPC data is not available for all properties in Ceri.

8B PARK AVENUE: Plot and Title Map

8B PARK AVENUE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 8B PARK AVENUE, 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 8B PARK AVENUE). 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 8B PARK AVENUE?

8B PARK AVENUE is located in KERRY, in the SY16 postcode district. The below map shows the position of No. 8B on PARK AVENUE.