FIRS COTTAGE, LLANDRINIO, LLANYMYNECH, SY22 6SG - £358,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FIRS COTTAGE is a very large extended detached house of 233m², built sometime between 1996 and 2002, which could now be worth an estimated £446,593. It was last sold for £358,000 in August 2020, which was around 38% above the average August 2020 detached price in the Powys local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

FIRS COTTAGE Sold Prices

Land registry data shows four sales for FIRS COTTAGE 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. Most of the four FIRS COTTAGE 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 18 AUG	£358,000	£259,494	38% above HPI
2017 18 APR	£249,950	£228,878	9% above HPI
2002 21 JUN	£165,000	£115,133	43% above HPI
1998 21 AUG	£35,000	£81,338	57% below HPI

FIRS 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 four FIRS COTTAGE sales between August 1998 and August 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 April 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might FIRS COTTAGE be worth now?

FIRS COTTAGE might now be worth an estimated £446,593.

This is based on house price inflation of 24.7%, between August 2020 and February 2025, for detached houses, in the Powys local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for FIRS COTTAGE of £358,000 on 18th August 2020. For the value to have increased from £358,000 to £446,593 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of FIRS COTTAGE has moved in line with the HPI for detached houses in the Powys local authority area.
• The August 2020 sale price of £358,000 represented a fair market value for the property.
• The size, condition, and specification of FIRS COTTAGE has not materially changed since August 2020.

How Large is FIRS COTTAGE?

FIRS COTTAGE is 233m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses houses in Llandrinio, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llandrinio, and where FIRS COTTAGE lies on this distribution: 95% of detached houses houses are smaller than FIRS COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Llandrinio.

FIRS COTTAGE: Plot and Title Map

FIRS COTTAGE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of FIRS 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 FIRS 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 FIRS COTTAGE?

FIRS COTTAGE is located in LLANDRINIO, in the SY22 postcode district. The below map shows the position of FIRS COTTAGE in LLANDRINIO.