CIL FAI, BLUE BELL DRIVE, WELSHPOOL, SY21 7PX - £178,000

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

CIL FAI is a midsized detached house of 87m², built sometime between 1950 and 1966. It was last sold for £178,000 in July 2018, which was around 27% below the average July 2018 detached price in the Powys local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

CIL FAI Sold Prices

Land registry data shows three sales for CIL FAI 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 CIL FAI 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 9 JUL	£178,000	£242,450	27% below HPI
2017 10 FEB	£162,500	£227,840	29% below HPI
2014 3 OCT	£155,000	£213,503	27% below HPI

CIL FAI 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 CIL FAI sales between October 2014 and July 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 February 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is CIL FAI?

CIL FAI is 87m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses in Welshpool, based on EPC data. The below chart shows the distribution of detached houses by size in Welshpool, and where CIL FAI lies on this distribution: 44% of detached houses are smaller than CIL FAI, and 55% of houses are larger. Note that EPC data is not available for all properties in Welshpool.

CIL FAI: Plot and Title Map

CIL FAI sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of CIL FAI, 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 CIL FAI). 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 CIL FAI?

CIL FAI is located on BLUE BELL DRIVE in WELSHPOOL, in the SY21 postcode district. The below map shows the position of CIL FAI on BLUE BELL DRIVE.