THE OLD SMITHY, FORGE ROAD, LLANGYNIDR, CRICKHOWELL, NP8 1LU - £590,000

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 OLD SMITHY is a very large extended detached house of 189m², built sometime between 1900 and 1929. It was last sold for £590,000 in December 2022, which was around 77% above the average December 2022 detached price in the Powys local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

THE OLD SMITHY Sold Prices

Land registry data shows five sales for THE OLD SMITHY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the five THE OLD SMITHY 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
2022 6 DEC	£590,000	£334,041	77% above HPI
2015 9 JAN	£371,500	£212,078	75% above HPI
2006 5 DEC	£403,000	£209,058	93% above HPI
2000 12 OCT	£180,000	£92,530	95% above HPI
2000 29 SEP	£185,000	£92,832	99% above HPI

THE OLD SMITHY 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 five THE OLD SMITHY sales between September 2000 and December 2022 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 January 2015 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the December 2022 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is THE OLD SMITHY?

THE OLD SMITHY is 189m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Llangynidr, based on EPC data. The below chart shows the distribution of detached houses by size in Llangynidr, and where THE OLD SMITHY lies on this distribution: 89% of detached houses are smaller than THE OLD SMITHY, and 10% of houses are larger. Note that EPC data is not available for all properties in Llangynidr.

THE OLD SMITHY: Plot and Title Map

THE OLD SMITHY sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of THE OLD SMITHY, 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 SMITHY). 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 SMITHY?

THE OLD SMITHY is located on FORGE ROAD in LLANGYNIDR, in the NP8 postcode district. The below map shows the position of THE OLD SMITHY on FORGE ROAD.