NEW HAVEN, RED BANK, WELSHPOOL, SY21 7PJ - £320,000

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

NEW HAVEN is a midsized detached house of 103m², built sometime between 1967 and 1975. It was last sold for £320,000 in November 2022, which was around 5% below the average November 2022 detached price in the Powys local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was D.

NEW HAVEN Sold Prices

Land registry data shows two sales for NEW HAVEN 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 NEW HAVEN 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
2022 24 NOV	£320,000	£336,956	5% below HPI
2004 28 JAN	£122,500	£155,740	21% below HPI

NEW HAVEN 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 NEW HAVEN sales from January 2004 and November 2022 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 January 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is NEW HAVEN?

NEW HAVEN is 103m² according to the EPC inspection conducted in July 2022. This puts it in the largest 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 NEW HAVEN lies on this distribution: 57% of detached houses are smaller than NEW HAVEN, and 42% of houses are larger. Note that EPC data is not available for all properties in Welshpool.

NEW HAVEN: Plot and Title Map

NEW HAVEN sits on a plot of roughly 0.316 of an acre, or 1,280m². The below map shows the location of NEW HAVEN, 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 NEW HAVEN). 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 NEW HAVEN?

NEW HAVEN is located on RED BANK in WELSHPOOL, in the SY21 postcode district. The below map shows the position of NEW HAVEN on RED BANK.