MINAFON, NEW ROAD, LLANFAIR CAEREINION, WELSHPOOL, SY21 0SB - £450,000

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

MINAFON is a very large extended detached house of 183m², built sometime between 1950 and 1966. It was last sold for £450,000 in June 2023, which was around 43% above the average June 2023 detached price in the Powys local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

MINAFON Sold Prices

Land registry data shows two sales for MINAFON 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 MINAFON sales was for above the average price, whilst the other was roughly equal to 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
2023 26 JUN	£450,000	£314,496	43% above HPI
2000 27 JUN	£89,950	£89,551	Close to HPI

MINAFON 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 MINAFON sales from June 2000 and June 2023 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 June 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2023 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is MINAFON?

MINAFON is 183m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Llanfair Caereinion, based on EPC data. The below chart shows the distribution of detached houses by size in Llanfair Caereinion, and where MINAFON lies on this distribution: 83% of detached houses are smaller than MINAFON, and 17% of houses are larger. Note that EPC data is not available for all properties in Llanfair Caereinion.

MINAFON: Plot and Title Map

MINAFON sits on a plot of roughly 0.465 of an acre, or 1,881m². The below map shows the location of MINAFON, 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 MINAFON). 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 MINAFON?

MINAFON is located on NEW ROAD in LLANFAIR CAEREINION, in the SY21 postcode district. The below map shows the position of MINAFON on NEW ROAD.