HEATHER BANK, IRFON ROAD, BUILTH WELLS, LD2 3DE - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HEATHER BANK is a large detached house of 132m², built sometime from 2007 onwards. It was last sold for £250,000 in June 2021, which was around 7% below the average June 2021 detached price in the Powys local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

HEATHER BANK Sold Prices

Land registry data shows two sales for HEATHER BANK 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 HEATHER BANK sales was for below the average price, whilst the other was 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
2021 25 JUN	£250,000	£267,845	7% below HPI
2014 16 MAY	£220,000	£208,860	5% above HPI

HEATHER BANK 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 HEATHER BANK sales from May 2014 and June 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 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is HEATHER BANK?

HEATHER BANK is 132m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Builth Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Builth Wells, and where HEATHER BANK lies on this distribution: 63% of detached houses are smaller than HEATHER BANK, and 37% of houses are larger. Note that EPC data is not available for all properties in Builth Wells.

HEATHER BANK: Plot and Title Map

HEATHER BANK sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of HEATHER BANK, 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 HEATHER BANK). 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 HEATHER BANK?

HEATHER BANK is located on IRFON ROAD in BUILTH WELLS, in the LD2 postcode district. The below map shows the position of HEATHER BANK on IRFON ROAD.