PENYMAES, LLANFECHAIN, SY22 6UT - £172,500

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.

PENYMAES is a very small extended detached house of 72m², built sometime before 1900, which could now be worth an estimated £234,875. It was last sold for £172,500 in June 2018, which was around 27% below the average June 2018 detached price in the Powys local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

PENYMAES Sold Prices

Land registry data shows four sales for PENYMAES 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 PENYMAES 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
2018 22 JUN	£172,500	£237,743	27% below HPI
2013 15 NOV	£142,500	£211,870	33% below HPI
2011 14 FEB	£100,000	£211,200	53% below HPI
1999 26 APR	£49,000	£77,604	37% below HPI

PENYMAES 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 PENYMAES sales between April 1999 and June 2018 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 November 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might PENYMAES be worth now?

PENYMAES might now be worth an estimated £234,875.

This is based on house price inflation of 36.2%, between June 2018 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 36.2% inflationary increase is applied to the most recent sale price for PENYMAES of £172,500 on 22nd June 2018. For the value to have increased from £172,500 to £234,875 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of PENYMAES has moved in line with the HPI for detached houses in the Powys local authority area.
• The June 2018 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of PENYMAES has not materially changed since June 2018.

How Large is PENYMAES?

PENYMAES is 72m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses houses in Llanfechain, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanfechain, and where PENYMAES lies on this distribution: 5% of detached houses houses are smaller than PENYMAES, and 95% of houses are larger. Note that EPC data is not available for all properties in Llanfechain.

PENYMAES: Plot and Title Map

PENYMAES sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of PENYMAES, 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 PENYMAES). 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 PENYMAES?

PENYMAES is located in LLANFECHAIN, in the SY22 postcode district. The below map shows the position of PENYMAES in LLANFECHAIN.