FORGE COTTAGE, FORGE ROAD, LLANGYNIDR, CRICKHOWELL, NP8 1LU - £335,000

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

FORGE COTTAGE is a midsized extended detached house of 112m², built sometime before 1900. It was last sold for £335,000 in July 2019, which was around 40% above the average July 2019 detached price in the Powys local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was A.

FORGE COTTAGE Sold Prices

Land registry data shows three sales for FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Powys local authority area for the corresponding sale date. Two of the three FORGE COTTAGE sales were for above the average price, whilst one was 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
2019 5 JUL	£335,000	£239,983	40% above HPI
2016 26 APR	£165,000	£218,676	25% below HPI
2002 19 DEC	£146,000	£127,964	14% above HPI

FORGE 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 three FORGE COTTAGE sales between December 2002 and July 2019 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 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2019 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 112m², which includes three extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses in Llangynidr, based on EPC data. The below chart shows the distribution of detached houses by size in Llangynidr, and where FORGE COTTAGE lies on this distribution: 43% of detached houses are smaller than FORGE COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Llangynidr.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of FORGE 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 FORGE 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 FORGE COTTAGE?

FORGE COTTAGE is located on FORGE ROAD in LLANGYNIDR, in the NP8 postcode district. The below map shows the position of FORGE COTTAGE on FORGE ROAD.