MILLFORD, LAMBERT ROAD, WELSHPOOL, SY21 7BP - £105,000

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

MILLFORD is a midsized extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £105,000 in April 2003, which was around 22% below the average April 2003 detached price in the Powys local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

MILLFORD Sold Prices

Land registry data shows two sales for MILLFORD 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 MILLFORD 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
2003 11 APR	£105,000	£135,450	22% below HPI
1995 11 DEC	£49,000	£66,409	26% below HPI

MILLFORD 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 MILLFORD sales from December 1995 and April 2003 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 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2003 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is MILLFORD?

MILLFORD is 93m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% of detached houses in Welshpool, based on EPC data. The below chart shows the distribution of detached houses by size in Welshpool, and where MILLFORD lies on this distribution: 49% of detached houses are smaller than MILLFORD, and 50% of houses are larger. Note that EPC data is not available for all properties in Welshpool.

MILLFORD: Plot and Title Map

MILLFORD sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of MILLFORD, 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 MILLFORD). 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 MILLFORD?

MILLFORD is located on LAMBERT ROAD in WELSHPOOL, in the SY21 postcode district. The below map shows the position of MILLFORD on LAMBERT ROAD.