MONTROSE, GUNGROG ROAD, WELSHPOOL, SY21 7EJ - £145,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MONTROSE is a small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £145,000 in November 2016, which was around 37% below the average November 2016 detached price in the Powys local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

MONTROSE Sold Prices

Land registry data shows four sales for MONTROSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the four MONTROSE 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 11 NOV	£145,000	£228,396	37% below HPI
2014 23 JUL	£101,000	£212,588	52% below HPI
2001 24 AUG	£70,000	£99,904	30% below HPI
2000 14 JUL	£64,500	£90,522	29% below HPI

MONTROSE 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 four MONTROSE sales between July 2000 and November 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 July 2014 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the November 2016 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is MONTROSE?

MONTROSE is 72m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Welshpool, based on EPC data. The below chart shows the distribution of detached houses by size in Welshpool, and where MONTROSE lies on this distribution: 28% of detached houses are smaller than MONTROSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Welshpool.

MONTROSE: Plot and Title Map

MONTROSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of MONTROSE, 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 MONTROSE). 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 MONTROSE?

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