CYNLAS, HEOL MAENGWYN, MACHYNLLETH, SY20 8DY - £285,500

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

CYNLAS is a midsized extended detached house of 126m², built sometime between 1900 and 1929. It was last sold for £285,500 in December 2020, which was around 3% above the average December 2020 detached price in the Powys local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

CYNLAS Sold Prices

Land registry data shows two sales for CYNLAS 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 CYNLAS 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
2020 15 DEC	£285,500	£275,942	3% above HPI
2018 22 JAN	£250,000	£237,729	5% above HPI

CYNLAS 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 CYNLAS sales from January 2018 and December 2020 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 January 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is CYNLAS?

CYNLAS is 126m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses in Machynlleth, based on EPC data. The below chart shows the distribution of detached houses by size in Machynlleth, and where CYNLAS lies on this distribution: 56% of detached houses are smaller than CYNLAS, and 44% of houses are larger. Note that EPC data is not available for all properties in Machynlleth.

CYNLAS: Plot and Title Map

CYNLAS sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of CYNLAS, 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 CYNLAS). 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 CYNLAS?

CYNLAS is located on HEOL MAENGWYN in MACHYNLLETH, in the SY20 postcode district. The below map shows the position of CYNLAS on HEOL MAENGWYN.