MAYFIELD, LLANYRE, LLANDRINDOD WELLS, LD1 6DY - £245,000

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.

MAYFIELD is a midsized detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £324,575. It was last sold for £245,000 in July 2018, which was about the average July 2018 detached price in the Powys local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was D.

MAYFIELD Sold Prices

Land registry data shows two sales for MAYFIELD 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 MAYFIELD sales was roughly equal to 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
2018 27 JUL	£245,000	£244,347	Close to HPI
2015 4 SEP	£230,000	£222,157	4% above HPI

MAYFIELD 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 MAYFIELD sales from September 2015 and July 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 September 2015 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might MAYFIELD be worth now?

MAYFIELD might now be worth an estimated £324,575.

This is based on house price inflation of 32.5%, between July 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 32.5% inflationary increase is applied to the most recent sale price for MAYFIELD of £245,000 on 27th July 2018. For the value to have increased from £245,000 to £324,575 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of MAYFIELD has moved in line with the HPI for detached houses in the Powys local authority area.
• The July 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of MAYFIELD has not materially changed since July 2018.

How Large is MAYFIELD?

MAYFIELD is 120m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses houses in Llanyre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanyre, and where MAYFIELD lies on this distribution: 54% of detached houses houses are smaller than MAYFIELD, and 46% of houses are larger. Note that EPC data is not available for all properties in Llanyre.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.216 of an acre, or 874m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

MAYFIELD is located in LLANYRE, in the LD1 postcode district. The below map shows the position of MAYFIELD in LLANYRE.