PARKFIELD, GOLF LINKS ROAD, BUILTH WELLS, LD2 3NF - £227,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PARKFIELD is a midsized extended detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £332,678. It was last sold for £227,500 in March 2016, which was around 3% above the average March 2016 detached price in the Powys local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was F.

PARKFIELD Sold Prices

Land registry data shows two sales for PARKFIELD 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. One of the two PARKFIELD sales was for above the average price, whilst the other was 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 31 MAR	£227,500	£221,367	3% above HPI
2006 22 SEP	£177,000	£223,732	21% below HPI

PARKFIELD 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 PARKFIELD sales from September 2006 and March 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 September 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2016 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might PARKFIELD be worth now?

PARKFIELD might now be worth an estimated £332,678.

This is based on house price inflation of 46.2%, between March 2016 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 46.2% inflationary increase is applied to the most recent sale price for PARKFIELD of £227,500 on 31st March 2016. For the value to have increased from £227,500 to £332,678 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of PARKFIELD has moved in line with the HPI for detached houses in the Powys local authority area.
• The March 2016 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of PARKFIELD has not materially changed since March 2016.

How Large is PARKFIELD?

PARKFIELD is 111m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of detached houses houses in Builth Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Builth Wells, and where PARKFIELD lies on this distribution: 45% of detached houses houses are smaller than PARKFIELD, and 55% of houses are larger. Note that EPC data is not available for all properties in Builth Wells.

PARKFIELD: Plot and Title Map

PARKFIELD sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of PARKFIELD, 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 PARKFIELD). 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 PARKFIELD?

PARKFIELD is located on GOLF LINKS ROAD in BUILTH WELLS, in the LD2 postcode district. The below map shows the position of PARKFIELD on GOLF LINKS ROAD.