PANORAMA, LLANYMYNECH, SY22 6JZ - £315,000

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.

PANORAMA is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £319,348. It was last sold for £315,000 in April 2023, which was around 1% below the average April 2023 detached price in the Powys local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

PANORAMA Sold Prices

Land registry data shows three sales for PANORAMA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the three PANORAMA 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
2023 3 APR	£315,000	£319,303	1% below HPI
2017 28 FEB	£215,000	£229,622	6% below HPI
2010 11 JUN	£150,000	£212,866	30% below HPI

PANORAMA 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 three PANORAMA sales between June 2010 and April 2023 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 February 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might PANORAMA be worth now?

PANORAMA might now be worth an estimated £319,348.

This is based on house price inflation of 1.4%, between April 2023 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 1.4% inflationary increase is applied to the most recent sale price for PANORAMA of £315,000 on 3rd April 2023. For the value to have increased from £315,000 to £319,348 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of PANORAMA has moved in line with the HPI for detached houses in the Powys local authority area.
• The April 2023 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of PANORAMA has not materially changed since April 2023.

How Large is PANORAMA?

PANORAMA is 76m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Llanymynech, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanymynech, and where PANORAMA lies on this distribution: 17% of detached houses houses are smaller than PANORAMA, and 83% of houses are larger. Note that EPC data is not available for all properties in Llanymynech.

PANORAMA: Plot and Title Map

PANORAMA sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of PANORAMA, 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 PANORAMA). 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 PANORAMA?

PANORAMA is located in LLANYMYNECH, in the SY22 postcode district. The below map shows the position of PANORAMA in LLANYMYNECH.