THE OLD WORKSHOP, ABERMULE, MONTGOMERY, SY15 6ND - £158,500

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 WORKSHOP is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £158,500 in July 2020, which was around 37% below the average July 2020 detached price in the Powys local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

THE OLD WORKSHOP Sold Prices

Land registry data shows two sales for THE OLD WORKSHOP 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 WORKSHOP 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
2020 10 JUL	£158,500	£250,315	37% below HPI
2004 19 NOV	£115,000	£181,486	37% below HPI

THE OLD WORKSHOP 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 WORKSHOP sales from November 2004 and July 2020 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 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2020 sale, which was also at 37% below the HPI.

How Large is THE OLD WORKSHOP?

THE OLD WORKSHOP is 82m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Abermule, based on EPC data. The below chart shows the distribution of detached houses by size in Abermule, and where THE OLD WORKSHOP lies on this distribution: 15% of detached houses are smaller than THE OLD WORKSHOP, and 84% of houses are larger. Note that EPC data is not available for all properties in Abermule.

THE OLD WORKSHOP: Plot and Title Map

THE OLD WORKSHOP sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of THE OLD WORKSHOP, 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 WORKSHOP). 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 WORKSHOP?

THE OLD WORKSHOP is located in ABERMULE, in the SY15 postcode district. The below map shows the position of THE OLD WORKSHOP in ABERMULE.