SPRING BANK, WERN, LLANYMYNECH, SY22 6PF - £179,995

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

SPRING BANK is a small extended detached house of 84m², built sometime before 1900, which could now be worth an estimated £268,743. It was last sold for £179,995 in May 2014, which was around 14% below the average May 2014 detached price in the Powys local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

SPRING BANK Sold Prices

Land registry data shows three sales for SPRING BANK 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 SPRING BANK 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
2014 13 MAY	£179,995	£210,494	14% below HPI
2005 3 JUN	£147,500	£197,058	25% below HPI
1999 15 FEB	£49,000	£77,220	37% below HPI

SPRING BANK 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 SPRING BANK sales between February 1999 and May 2014 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 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might SPRING BANK be worth now?

SPRING BANK might now be worth an estimated £268,743.

This is based on house price inflation of 49.3%, between May 2014 and December 2024, 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 49.3% inflationary increase is applied to the most recent sale price for SPRING BANK of £179,995 on 13th May 2014. For the value to have increased from £179,995 to £268,743 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of SPRING BANK has moved in line with the HPI for detached houses in the Powys local authority area.
• The May 2014 sale price of £179,995 represented a fair market value for the property.
• The size, condition, and specification of SPRING BANK has not materially changed since May 2014.

How Large is SPRING BANK?

SPRING BANK is 84m², which includes three extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses houses in Llanymynech, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanymynech, and where SPRING BANK lies on this distribution: 30% of detached houses houses are smaller than SPRING BANK, and 69% of houses are larger. Note that EPC data is not available for all properties in Llanymynech.

SPRING BANK: Plot and Title Map

SPRING BANK sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of SPRING BANK, 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 SPRING BANK). 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 SPRING BANK?

SPRING BANK is located in WERN, in the SY22 postcode district. The below map shows the position of SPRING BANK in WERN.