WELSTEAD, FRANKWELL STREET, NEWTOWN, SY16 2BU - £107,000

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

WELSTEAD is a large detached house of 119m², built sometime between 1950 and 1966. It was last sold for £107,000 in July 2002, which was around 11% below the average July 2002 detached price in the Powys local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

WELSTEAD Sold Prices

Land registry data shows two sales for WELSTEAD 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 WELSTEAD 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
2002 22 JUL	£107,000	£119,922	11% below HPI
1999 2 JUN	£67,000	£76,862	13% below HPI

WELSTEAD 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 WELSTEAD sales from June 1999 and July 2002 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 June 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2002 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is WELSTEAD?

WELSTEAD is 119m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses by size in Newtown, and where WELSTEAD lies on this distribution: 61% of detached houses are smaller than WELSTEAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Newtown.

WELSTEAD: Plot and Title Map

WELSTEAD sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of WELSTEAD, 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 WELSTEAD). 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 WELSTEAD?

WELSTEAD is located on FRANKWELL STREET in NEWTOWN, in the SY16 postcode district. The below map shows the position of WELSTEAD on FRANKWELL STREET.