FAIRWAYS, HOLCOMBE AVENUE, LLANDRINDOD WELLS, LD1 6DW - £147,000

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

FAIRWAYS is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £147,000 in January 2021, which was around 48% below the average January 2021 detached price in the Powys local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

FAIRWAYS Sold Prices

Land registry data shows four sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the four FAIRWAYS 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
2021 14 JAN	£147,000	£280,060	48% below HPI
2003 8 APR	£95,000	£135,450	30% below HPI
2001 3 JUL	£74,950	£100,774	26% below HPI
1999 18 OCT	£55,000	£84,126	35% below HPI

FAIRWAYS 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 four FAIRWAYS sales between October 1999 and January 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 April 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 68m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Llandrindod Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Llandrindod Wells, and where FAIRWAYS lies on this distribution: 8% of detached houses are smaller than FAIRWAYS, and 91% of houses are larger. Note that EPC data is not available for all properties in Llandrindod Wells.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on HOLCOMBE AVENUE in LLANDRINDOD WELLS, in the LD1 postcode district. The below map shows the position of FAIRWAYS on HOLCOMBE AVENUE.