THE CLOSE, CEFNLLYS LANE, LLANDRINDOD WELLS, LD1 5LJ - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE CLOSE is a very large detached house of 167m², built sometime between 1930 and 1949. It was last sold for £400,000 in July 2018, which was around 65% above the average July 2018 detached price in the Powys local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

THE CLOSE Sold Prices

Land registry data shows three sales for THE CLOSE 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 THE CLOSE 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
2018 6 JUL	£400,000	£242,450	65% above HPI
2006 31 OCT	£390,000	£221,602	76% above HPI
1999 16 NOV	£150,000	£84,535	77% above HPI

THE CLOSE 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 THE CLOSE sales between November 1999 and July 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 October 2006 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the July 2018 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is THE CLOSE?

THE CLOSE is 167m² according to the EPC inspection conducted in June 2018. This puts it in the largest 10% of detached houses in Llandrindod Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Llandrindod Wells, and where THE CLOSE lies on this distribution: 92% of detached houses are smaller than THE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Llandrindod Wells.

THE CLOSE: Plot and Title Map

THE CLOSE sits on a plot of roughly 0.514 of an acre, or 2,080m². The below map shows the location of THE CLOSE, 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 THE CLOSE). 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 THE CLOSE?

THE CLOSE is located on CEFNLLYS LANE in LLANDRINDOD WELLS, in the LD1 postcode district. The below map shows the position of THE CLOSE on CEFNLLYS LANE.