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

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.

THE LARCHES is a midsized detached house of 105m², built sometime between 2003 and 2006, which could now be worth an estimated £320,841. It was last sold for £255,000 in October 2019, which was around 1% below 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. Both of the two THE LARCHES 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
2019 25 OCT	£255,000	£257,280	1% below HPI
2012 8 OCT	£185,000	£205,525	10% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might THE LARCHES be worth now?

THE LARCHES might now be worth an estimated £320,841.

This is based on house price inflation of 25.8%, between October 2019 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 25.8% inflationary increase is applied to the most recent sale price for THE LARCHES of £255,000 on 25th October 2019. For the value to have increased from £255,000 to £320,841 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of THE LARCHES has moved in line with the HPI for detached houses in the Powys local authority area.
• The October 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of THE LARCHES has not materially changed since October 2019.

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 houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newtown, and where THE LARCHES lies on this distribution: 47% of detached houses 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.