THE OLD MILL COTTAGE, NEW ROAD, LLANFAIR CAEREINION, WELSHPOOL, SY21 0SB - £170,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE OLD MILL COTTAGE is a very small extended detached house of 75m², built sometime before 1900. It was last sold for £170,000 in March 2024, which was around 47% below the average March 2024 detached price in the Powys local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was A.

THE OLD MILL COTTAGE Sold Prices

Land registry data shows two sales for THE OLD MILL COTTAGE 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 MILL COTTAGE 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
2024 26 MAR	£170,000	£318,149	47% below HPI
2023 25 MAY	£85,000	£312,282	73% below HPI

THE OLD MILL COTTAGE 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 MILL COTTAGE sales from May 2023 and March 2024 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 May 2023 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the March 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is THE OLD MILL COTTAGE?

THE OLD MILL COTTAGE is 75m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 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 MILL COTTAGE lies on this distribution: 7% of detached houses are smaller than THE OLD MILL COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Llanfair Caereinion.

THE OLD MILL COTTAGE: Plot and Title Map

THE OLD MILL COTTAGE sits on a plot of roughly 0.554 of an acre, or 2,243m². The below map shows the location of THE OLD MILL COTTAGE, 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 MILL COTTAGE). 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 MILL COTTAGE?

THE OLD MILL COTTAGE is located on NEW ROAD in LLANFAIR CAEREINION, in the SY21 postcode district. The below map shows the position of THE OLD MILL COTTAGE on NEW ROAD.