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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PENYMAES is a very small extended detached house of 72m², built sometime before 1900. 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	£235,897	27% below HPI
2013 15 NOV	£142,500	£210,225	32% below HPI
2011 14 FEB	£100,000	£209,561	52% below HPI
1999 26 APR	£49,000	£77,002	36% 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 32% below the HPI. So the extrapolation line tracks at 32% 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.

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 in Llanfechain, based on EPC data. The below chart shows the distribution of detached houses by size in Llanfechain, and where PENYMAES lies on this distribution: 5% of detached 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.