RIVERSIDE, CANAL ROAD, NEWTOWN, SY16 2AS - £220,000

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

RIVERSIDE is a large detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £339,467. It was last sold for £220,000 in April 2015, which was around 5% above the average April 2015 detached price in the Powys local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

RIVERSIDE Sold Prices

Land registry data shows two sales for RIVERSIDE 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. Both of the two RIVERSIDE sales were for above 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
2015 7 APR	£220,000	£209,788	5% above HPI
1998 30 APR	£79,000	£77,116	2% above HPI

RIVERSIDE 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 RIVERSIDE sales from April 1998 and April 2015 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 April 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2015 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might RIVERSIDE be worth now?

RIVERSIDE might now be worth an estimated £339,467.

This is based on house price inflation of 54.3%, between April 2015 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 54.3% inflationary increase is applied to the most recent sale price for RIVERSIDE of £220,000 on 7th April 2015. For the value to have increased from £220,000 to £339,467 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of RIVERSIDE has moved in line with the HPI for detached houses in the Powys local authority area.
• The April 2015 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of RIVERSIDE has not materially changed since April 2015.

How Large is RIVERSIDE?

RIVERSIDE is 121m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newtown, and where RIVERSIDE lies on this distribution: 62% of detached houses houses are smaller than RIVERSIDE, and 37% of houses are larger. Note that EPC data is not available for all properties in Newtown.

RIVERSIDE: Plot and Title Map

RIVERSIDE sits on a plot of roughly 0.301 of an acre, or 1,219m². The below map shows the location of RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

RIVERSIDE is located on CANAL ROAD in NEWTOWN, in the SY16 postcode district. The below map shows the position of RIVERSIDE on CANAL ROAD.