RHIWLAS, LLANFAIR CAEREINION, WELSHPOOL, SY21 0BH - £225,000

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.

RHIWLAS is a small detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £287,950. It was last sold for £225,000 in March 2020, which was around 11% below the average March 2020 detached price in the Powys local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

RHIWLAS Sold Prices

Land registry data shows two sales for RHIWLAS 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 RHIWLAS sales was for below the average price, whilst the other was roughly equal to 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
2020 6 MAR	£225,000	£252,942	11% below HPI
2012 7 JUN	£210,000	£210,993	Close to HPI

RHIWLAS 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 RHIWLAS sales from June 2012 and March 2020 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 June 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might RHIWLAS be worth now?

RHIWLAS might now be worth an estimated £287,950.

This is based on house price inflation of 28%, between March 2020 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 28% inflationary increase is applied to the most recent sale price for RHIWLAS of £225,000 on 6th March 2020. For the value to have increased from £225,000 to £287,950 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of RHIWLAS has moved in line with the HPI for detached houses in the Powys local authority area.
• The March 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of RHIWLAS has not materially changed since March 2020.

How Large is RHIWLAS?

RHIWLAS is 105m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses houses in Llanfair Caereinion, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanfair Caereinion, and where RHIWLAS lies on this distribution: 34% of detached houses houses are smaller than RHIWLAS, and 66% of houses are larger. Note that EPC data is not available for all properties in Llanfair Caereinion.

RHIWLAS: Plot and Title Map

RHIWLAS sits on a plot of roughly 0.288 of an acre, or 1,166m². The below map shows the location of RHIWLAS, 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 RHIWLAS). 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 RHIWLAS?

RHIWLAS is located in LLANFAIR CAEREINION, in the SY21 postcode district. The below map shows the position of RHIWLAS in LLANFAIR CAEREINION.