MAYFIELD, MILFORD ROAD, NEWTOWN, SY16 2EQ - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MAYFIELD is a very small extended detached house of 40m², built sometime before 1900. It was last sold for £195,000 in July 2014, which was around 8% below the average July 2014 detached price in the Powys local authority area. The most recent EPC inspection was March 2012, 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. Both of the two MAYFIELD 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 31 JUL	£195,000	£212,588	8% below HPI
2010 2 DEC	£175,000	£213,512	18% below 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 December 2010 and July 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 December 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is MAYFIELD?

MAYFIELD is 40m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses by size in Newtown, and where MAYFIELD lies on this distribution: Less than 1% of detached houses are smaller than MAYFIELD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Newtown.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.151 of an acre, or 612m². 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 on MILFORD ROAD in NEWTOWN, in the SY16 postcode district. The below map shows the position of MAYFIELD on MILFORD ROAD.