FAIRBANK, FOUR CROSSES, LLANYMYNECH, SY22 6RG - £190,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIRBANK is a very large extended detached house of 186m², built sometime before 1900. It was last sold for £190,000 in January 2010, which was around 9% below the average January 2010 detached price in the Powys local authority area. The most recent EPC inspection was April 2009, where the current energy rating was F, and the potential energy rating was E.

FAIRBANK Sold Prices

Land registry data shows two sales for FAIRBANK 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 FAIRBANK 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
2010 13 JAN	£190,000	£207,843	9% below HPI
2007 31 AUG	£177,000	£231,346	23% below HPI

FAIRBANK 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 FAIRBANK sales from August 2007 and January 2010 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 August 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2010 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is FAIRBANK?

FAIRBANK is 186m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the largest 10% of detached houses in Four Crosses, based on EPC data. The below chart shows the distribution of detached houses by size in Four Crosses, and where FAIRBANK lies on this distribution: 97% of detached houses are smaller than FAIRBANK, and 3% of houses are larger. Note that EPC data is not available for all properties in Four Crosses.

FAIRBANK: Plot and Title Map

FAIRBANK sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of FAIRBANK, 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 FAIRBANK). 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 FAIRBANK?

FAIRBANK is located in FOUR CROSSES, in the SY22 postcode district. The below map shows the position of FAIRBANK in FOUR CROSSES.