FARM COTTAGE, ADFA, NEWTOWN, SY16 3DB - £267,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

FARM COTTAGE is a very large extended detached house of 172m², built sometime between 1900 and 1929. It was last sold for £267,500 in August 2021, which was around 6% below the average August 2021 detached price in the Powys local authority area. The most recent EPC inspection was February 2022, where the current energy rating was F, and the potential energy rating was C.

FARM COTTAGE Sold Prices

Land registry data shows two sales for FARM COTTAGE 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 FARM COTTAGE 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 13 AUG	£267,500	£284,629	6% below HPI
1995 16 MAY	£36,000	£64,588	44% below HPI

FARM COTTAGE 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 FARM COTTAGE sales from May 1995 and August 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 May 1995 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is FARM COTTAGE?

FARM COTTAGE is 172m², which includes three extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses in Adfa, based on EPC data. The below chart shows the distribution of detached houses by size in Adfa, and where FARM COTTAGE lies on this distribution: 88% of detached houses are smaller than FARM COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Adfa.

FARM COTTAGE: Plot and Title Map

FARM COTTAGE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of FARM COTTAGE, 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 FARM COTTAGE). 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 FARM COTTAGE?

FARM COTTAGE is located in ADFA, in the SY16 postcode district. The below map shows the position of FARM COTTAGE in ADFA.