HOLLY BANK, GUNGROG ROAD, WELSHPOOL, SY21 7HU - £276,000

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

HOLLY BANK is a midsized detached house of 102m², built in 2012. It was last sold for £276,000 in April 2022, which was around 11% below the average April 2022 detached price in the Powys local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was A.

HOLLY BANK Sold Prices

Land registry data shows two sales for HOLLY 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 HOLLY 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
2022 8 APR	£276,000	£310,915	11% below HPI
1996 22 JUL	£95,000	£68,792	38% above HPI

HOLLY 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 HOLLY BANK sales from July 1996 and April 2022 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 July 1996 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is HOLLY BANK?

HOLLY BANK is 102m² according to the EPC inspection conducted in November 2022. This puts it in the largest 50% of detached houses in Welshpool, based on EPC data. The below chart shows the distribution of detached houses by size in Welshpool, and where HOLLY BANK lies on this distribution: 57% of detached houses are smaller than HOLLY BANK, and 43% of houses are larger. Note that EPC data is not available for all properties in Welshpool.

HOLLY BANK: Plot and Title Map

HOLLY BANK sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY BANK?

HOLLY BANK is located on GUNGROG ROAD in WELSHPOOL, in the SY21 postcode district. The below map shows the position of HOLLY BANK on GUNGROG ROAD.