PERLYS, MACHYNLLETH, SY20 8HZ - £200,000

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

PERLYS is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £200,000 in January 2023, which was around 37% below the average January 2023 detached price in the Powys local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

PERLYS Sold Prices

Land registry data shows three sales for PERLYS 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 PERLYS 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 30 JAN	£200,000	£317,202	37% below HPI
2017 19 MAY	£115,000	£224,858	49% below HPI
2015 24 FEB	£112,000	£214,552	48% below HPI

PERLYS 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 PERLYS sales between February 2015 and January 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 May 2017 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is PERLYS?

PERLYS is 91m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Machynlleth, based on EPC data. The below chart shows the distribution of detached houses by size in Machynlleth, and where PERLYS lies on this distribution: 24% of detached houses are smaller than PERLYS, and 75% of houses are larger. Note that EPC data is not available for all properties in Machynlleth.

PERLYS: Plot and Title Map

PERLYS sits on a plot of roughly 177.4 acres, or 717,768m². The below map shows the location of PERLYS, 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 PERLYS). 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 PERLYS?

PERLYS is located in MACHYNLLETH, in the SY20 postcode district. The below map shows the position of PERLYS in MACHYNLLETH.