LUCERNE, DYFFRYN ROAD, LLANDRINDOD WELLS, LD1 6AN - £161,000

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.

LUCERNE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £243,832. It was last sold for £161,000 in August 2014, which was around 25% below the average August 2014 detached price in the Powys local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

LUCERNE Sold Prices

Land registry data shows three sales for LUCERNE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the three LUCERNE 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
2014 7 AUG	£161,000	£213,743	25% below HPI
2009 6 FEB	£128,000	£196,670	35% below HPI
1996 9 JAN	£65,000	£67,590	4% below HPI

LUCERNE 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 three LUCERNE sales between January 1996 and August 2014 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 February 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might LUCERNE be worth now?

LUCERNE might now be worth an estimated £243,832.

This is based on house price inflation of 51.4%, between August 2014 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 51.4% inflationary increase is applied to the most recent sale price for LUCERNE of £161,000 on 7th August 2014. For the value to have increased from £161,000 to £243,832 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of LUCERNE has moved in line with the HPI for detached houses in the Powys local authority area.
• The August 2014 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of LUCERNE has not materially changed since August 2014.

How Large is LUCERNE?

LUCERNE is 76m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses houses in Llandrindod Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llandrindod Wells, and where LUCERNE lies on this distribution: 15% of detached houses houses are smaller than LUCERNE, and 84% of houses are larger. Note that EPC data is not available for all properties in Llandrindod Wells.

LUCERNE: Plot and Title Map

LUCERNE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of LUCERNE, 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 LUCERNE). 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 LUCERNE?

LUCERNE is located on DYFFRYN ROAD in LLANDRINDOD WELLS, in the LD1 postcode district. The below map shows the position of LUCERNE on DYFFRYN ROAD.