GREENHILLS, MILFORD, NEWTOWN, SY16 3HD - £315,000

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.

GREENHILLS is a midsized extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £335,886. It was last sold for £315,000 in October 2021, which was around 4% above the average October 2021 detached price in the Powys local authority area. The most recent EPC inspection was December 2020, where the current energy rating was E, and the potential energy rating was D.

GREENHILLS Sold Prices

Land registry data shows two sales for GREENHILLS 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. One of the two GREENHILLS sales was for above the average price, whilst the other 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
2021 22 OCT	£315,000	£303,581	4% above HPI
1995 6 NOV	£60,000	£66,206	9% below HPI

GREENHILLS 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 GREENHILLS sales from November 1995 and October 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 November 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might GREENHILLS be worth now?

GREENHILLS might now be worth an estimated £335,886.

This is based on house price inflation of 6.6%, between October 2021 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 6.6% inflationary increase is applied to the most recent sale price for GREENHILLS of £315,000 on 22nd October 2021. For the value to have increased from £315,000 to £335,886 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of GREENHILLS has moved in line with the HPI for detached houses in the Powys local authority area.
• The October 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of GREENHILLS has not materially changed since October 2021.

How Large is GREENHILLS?

GREENHILLS is 114m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 50% of detached houses houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newtown, and where GREENHILLS lies on this distribution: 55% of detached houses houses are smaller than GREENHILLS, and 44% of houses are larger. Note that EPC data is not available for all properties in Newtown.

GREENHILLS: Plot and Title Map

GREENHILLS sits on a plot of roughly 0.230 of an acre, or 929m². The below map shows the location of GREENHILLS, 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 GREENHILLS). 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 GREENHILLS?

GREENHILLS is located in MILFORD, in the SY16 postcode district. The below map shows the position of GREENHILLS in MILFORD.