THE OLD CHAPEL, WATERGATE STREET, LLANFAIR CAEREINION, WELSHPOOL, SY21 0RG - £190,000

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 OLD CHAPEL is a very large detached house of 257m². It was last sold for £190,000 in April 2019, which was around 22% below the average April 2019 detached price in the Powys local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was E.

THE OLD CHAPEL Sold Prices

Land registry data shows two sales for THE OLD CHAPEL 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 OLD CHAPEL 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 8 APR	£190,000	£244,858	22% below HPI
1999 26 NOV	£34,500	£84,535	59% below HPI

THE OLD CHAPEL 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 OLD CHAPEL sales from November 1999 and April 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 November 1999 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the April 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 257m² according to the EPC inspection conducted in January 2021. This puts it in the largest 10% of detached houses in Llanfair Caereinion, based on EPC data. The below chart shows the distribution of detached houses by size in Llanfair Caereinion, and where THE OLD CHAPEL lies on this distribution: 97% of detached houses are smaller than THE OLD CHAPEL, and 3% of houses are larger. Note that EPC data is not available for all properties in Llanfair Caereinion.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of THE OLD CHAPEL, 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 OLD CHAPEL). 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 OLD CHAPEL?

THE OLD CHAPEL is located on WATERGATE STREET in LLANFAIR CAEREINION, in the SY21 postcode district. The below map shows the position of THE OLD CHAPEL on WATERGATE STREET.