IVY COTTAGE, LONESOME LANE, NEWTOWN, SY16 2JP - £341,555

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.

IVY COTTAGE is a very large extended detached house of 149m², built sometime before 1900, which could now be worth an estimated £352,851. It was last sold for £341,555 in April 2022, which was around 9% above the average April 2022 detached price in the Powys local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

IVY COTTAGE Sold Prices

Land registry data shows two sales for IVY COTTAGE 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 IVY COTTAGE sales were 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 26 APR	£341,555	£313,347	9% above HPI
2004 2 APR	£171,000	£166,197	3% above HPI

IVY 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 two IVY COTTAGE sales from April 2004 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 April 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might IVY COTTAGE be worth now?

IVY COTTAGE might now be worth an estimated £352,851.

This is based on house price inflation of 3.3%, between April 2022 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 3.3% inflationary increase is applied to the most recent sale price for IVY COTTAGE of £341,555 on 26th April 2022. For the value to have increased from £341,555 to £352,851 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of IVY COTTAGE has moved in line with the HPI for detached houses in the Powys local authority area.
• The April 2022 sale price of £341,555 represented a fair market value for the property.
• The size, condition, and specification of IVY COTTAGE has not materially changed since April 2022.

How Large is IVY COTTAGE?

IVY COTTAGE is 149m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% 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 IVY COTTAGE lies on this distribution: 82% of detached houses houses are smaller than IVY COTTAGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Newtown.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of IVY 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 IVY 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 IVY COTTAGE?

IVY COTTAGE is located on LONESOME LANE in NEWTOWN, in the SY16 postcode district. The below map shows the position of IVY COTTAGE on LONESOME LANE.