THE LARCHES, CHURCHILL DRIVE, NEWTOWN, SY16 2LE - £255,000

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

THE LARCHES is a midsized detached house of 105m², built sometime between 2003 and 2006. It was last sold for £255,000 in October 2019, which was about the average October 2019 detached price in the Powys local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

THE LARCHES Sold Prices

Land registry data shows two sales for THE LARCHES 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 THE LARCHES sales was roughly equal to the average price, whilst the other was 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
2019 25 OCT	£255,000	£255,283	Close to HPI
2012 8 OCT	£185,000	£203,929	9% below HPI

THE LARCHES 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 THE LARCHES sales from October 2012 and October 2019 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 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is THE LARCHES?

THE LARCHES is 105m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% of detached houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses by size in Newtown, and where THE LARCHES lies on this distribution: 47% of detached houses are smaller than THE LARCHES, and 53% of houses are larger. Note that EPC data is not available for all properties in Newtown.

THE LARCHES: Plot and Title Map

THE LARCHES sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of THE LARCHES, 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 LARCHES). 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 LARCHES?

THE LARCHES is located on CHURCHILL DRIVE in NEWTOWN, in the SY16 postcode district. The below map shows the position of THE LARCHES on CHURCHILL DRIVE.