MAGEL, NEWTON GREEN, BRECON, LD3 8BG - £188,000

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.

MAGEL is a very small detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £249,402. It was last sold for £188,000 in March 2018, which was around 23% below the average March 2018 detached price in the Powys local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

MAGEL Sold Prices

Land registry data shows two sales for MAGEL 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 MAGEL 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
2018 21 MAR	£188,000	£244,014	23% below HPI
2007 9 JUL	£225,000	£226,522	1% below HPI

MAGEL 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 MAGEL sales from July 2007 and March 2018 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 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might MAGEL be worth now?

MAGEL might now be worth an estimated £249,402.

This is based on house price inflation of 32.7%, between March 2018 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 32.7% inflationary increase is applied to the most recent sale price for MAGEL of £188,000 on 21st March 2018. For the value to have increased from £188,000 to £249,402 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of MAGEL has moved in line with the HPI for detached houses in the Powys local authority area.
• The March 2018 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of MAGEL has not materially changed since March 2018.

How Large is MAGEL?

MAGEL is 68m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses houses in Brecon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brecon, and where MAGEL lies on this distribution: 7% of detached houses houses are smaller than MAGEL, and 93% of houses are larger. Note that EPC data is not available for all properties in Brecon.

MAGEL: Plot and Title Map

MAGEL sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of MAGEL, 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 MAGEL). 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 MAGEL?

MAGEL is located on NEWTON GREEN in BRECON, in the LD3 postcode district. The below map shows the position of MAGEL on NEWTON GREEN.