MURMUR Y COED, LLANFAIR CAEREINION, WELSHPOOL, SY21 0BH - £243,000

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.

MURMUR Y COED is a large extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £317,651. It was last sold for £243,000 in May 2020, which was around 2% below the average May 2020 detached price in the Powys local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

MURMUR Y COED Sold Prices

Land registry data shows two sales for MURMUR Y COED 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 MURMUR Y COED 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
2020 1 MAY	£243,000	£247,635	2% below HPI
2018 14 JUN	£220,000	£237,743	7% below HPI

MURMUR Y COED 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 MURMUR Y COED sales from June 2018 and May 2020 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 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might MURMUR Y COED be worth now?

MURMUR Y COED might now be worth an estimated £317,651.

This is based on house price inflation of 30.7%, between May 2020 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 30.7% inflationary increase is applied to the most recent sale price for MURMUR Y COED of £243,000 on 1st May 2020. For the value to have increased from £243,000 to £317,651 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of MURMUR Y COED has moved in line with the HPI for detached houses in the Powys local authority area.
• The May 2020 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of MURMUR Y COED has not materially changed since May 2020.

How Large is MURMUR Y COED?

MURMUR Y COED is 128m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses houses in Llanfair Caereinion, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanfair Caereinion, and where MURMUR Y COED lies on this distribution: 60% of detached houses houses are smaller than MURMUR Y COED, and 38% of houses are larger. Note that EPC data is not available for all properties in Llanfair Caereinion.

MURMUR Y COED: Plot and Title Map

MURMUR Y COED sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of MURMUR Y COED, 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 MURMUR Y COED). 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 MURMUR Y COED?

MURMUR Y COED is located in LLANFAIR CAEREINION, in the SY21 postcode district. The below map shows the position of MURMUR Y COED in LLANFAIR CAEREINION.