NORGE VILLA, HIGH STREET, LLANFAIR CAEREINION, WELSHPOOL, SY21 0QX - £141,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

NORGE VILLA is a very small extended detached house of 59m², built sometime before 1900. It was last sold for £141,000 in January 2016, which was around 34% below the average January 2016 detached price in the Powys local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

NORGE VILLA Sold Prices

Land registry data shows four sales for NORGE VILLA 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 NORGE VILLA 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 20 JAN	£141,000	£214,693	34% below HPI
2005 14 OCT	£140,000	£202,526	31% below HPI
2003 18 NOV	£95,000	£152,107	38% below HPI
2000 3 AUG	£26,000	£90,309	71% below HPI

NORGE VILLA 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 NORGE VILLA sales between August 2000 and January 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 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is NORGE VILLA?

NORGE VILLA is 59m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% 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 NORGE VILLA lies on this distribution: 4% of detached houses are smaller than NORGE VILLA, and 96% of houses are larger. Note that EPC data is not available for all properties in Llanfair Caereinion.

NORGE VILLA: Plot and Title Map

NORGE VILLA sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of NORGE VILLA, 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 NORGE VILLA). 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 NORGE VILLA?

NORGE VILLA is located on HIGH STREET in LLANFAIR CAEREINION, in the SY21 postcode district. The below map shows the position of NORGE VILLA on HIGH STREET.