GREENACRES, WESTERN PROMENADE, LLANDRINDOD WELLS, LD1 5LY - £275,000

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

GREENACRES is a large detached house of 132m², built sometime between 1950 and 1966. It was last sold for £275,000 in October 2023, which was around 16% below the average October 2023 detached price in the Powys local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES 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 GREENACRES 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
2023 12 OCT	£275,000	£325,988	16% below HPI
2014 17 JAN	£170,000	£210,012	19% below HPI

GREENACRES 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 GREENACRES sales from January 2014 and October 2023 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 January 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is GREENACRES?

GREENACRES is 132m² according to the EPC inspection conducted in June 2023. This puts it in the largest 30% 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 GREENACRES lies on this distribution: 74% of detached houses are smaller than GREENACRES, and 25% of houses are larger. Note that EPC data is not available for all properties in Llandrindod Wells.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on WESTERN PROMENADE in LLANDRINDOD WELLS, in the LD1 postcode district. The below map shows the position of GREENACRES on WESTERN PROMENADE.