ARGOED, SMITHFIELD STREET, LLANIDLOES, SY18 6EJ - £225,000

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.

ARGOED is a very large extended detached house of 169m², built sometime between 1900 and 1929, which could now be worth an estimated £293,981. It was last sold for £225,000 in December 2016, which was around 3% below the average December 2016 detached price in the Powys local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was D.

ARGOED Sold Prices

Land registry data shows two sales for ARGOED 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 ARGOED 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
2016 14 DEC	£225,000	£230,777	3% below HPI
2000 22 SEP	£92,000	£93,559	2% below HPI

ARGOED 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 ARGOED sales from September 2000 and December 2016 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 September 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might ARGOED be worth now?

ARGOED might now be worth an estimated £293,981.

This is based on house price inflation of 30.7%, between December 2016 and June 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 30.7% inflationary increase is applied to the most recent sale price for ARGOED of £225,000 on 14th December 2016. For the value to have increased from £225,000 to £293,981 over the nine years and six months to June 2025, the following assumptions must hold true:

• The value of ARGOED has moved in line with the HPI for detached houses in the Powys local authority area.
• The December 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of ARGOED has not materially changed since December 2016.

How Large is ARGOED?

ARGOED is 169m², which includes two extensions, according to the EPC inspection conducted in December 2008. This puts it in the largest 20% of detached houses houses in Llanidloes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanidloes, and where ARGOED lies on this distribution: 82% of detached houses houses are smaller than ARGOED, and 18% of houses are larger. Note that EPC data is not available for all properties in Llanidloes.

ARGOED: Plot and Title Map

ARGOED sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of ARGOED, 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 ARGOED). 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 ARGOED?

ARGOED is located on SMITHFIELD STREET in LLANIDLOES, in the SY18 postcode district. The below map shows the position of ARGOED on SMITHFIELD STREET.