MINAFON, PEN Y GREEN ROAD, LLANIDLOES, SY18 6AJ - £120,000

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.

MINAFON is a small extended detached house of 88m², built sometime before 1900, which could now be worth an estimated £175,479. It was last sold for £120,000 in March 2016, which was around 46% below the average March 2016 detached price in the Powys local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was B.

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. Both of the two MINAFON 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
2016 31 MAR	£120,000	£221,367	46% below HPI
2004 5 OCT	£105,000	£187,796	44% below 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 October 2004 and March 2016 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 October 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2016 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might MINAFON be worth now?

MINAFON might now be worth an estimated £175,479.

This is based on house price inflation of 46.2%, between March 2016 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 46.2% inflationary increase is applied to the most recent sale price for MINAFON of £120,000 on 31st March 2016. For the value to have increased from £120,000 to £175,479 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of MINAFON has moved in line with the HPI for detached houses in the Powys local authority area.
• The March 2016 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of MINAFON has not materially changed since March 2016.

How Large is MINAFON?

MINAFON is 88m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses houses in Llanidloes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanidloes, and where MINAFON lies on this distribution: 22% of detached houses houses are smaller than MINAFON, and 78% of houses are larger. Note that EPC data is not available for all properties in Llanidloes.

MINAFON: Plot and Title Map

MINAFON sits on a plot of roughly 0.232 of an acre, or 940m². 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 PEN Y GREEN ROAD in LLANIDLOES, in the SY18 postcode district. The below map shows the position of MINAFON on PEN Y GREEN ROAD.