1, ROWAN CLOSE, FOUR CROSSES, LLANYMYNECH, SY22 6NE - £190,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 ROWAN CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £229,693. It was last sold for £190,000 in October 2020, which was around 29% below the average October 2020 detached price in the Powys local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

1 ROWAN CLOSE Sold Prices

Land registry data shows four sales for 1 ROWAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the four 1 ROWAN CLOSE 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 30 OCT	£190,000	£267,770	29% below HPI
2018 17 DEC	£152,000	£253,313	40% below HPI
2006 30 JAN	£143,000	£199,504	28% below HPI
2002 26 JUL	£71,500	£120,860	41% below HPI

1 ROWAN CLOSE 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 four 1 ROWAN CLOSE sales between July 2002 and October 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 December 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 ROWAN CLOSE be worth now?

1 ROWAN CLOSE might now be worth an estimated £229,693.

This is based on house price inflation of 20.9%, between October 2020 and February 2025, for detached houses, in the Powys local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.9% inflationary increase is applied to the most recent sale price for 1 ROWAN CLOSE of £190,000 on 30th October 2020. For the value to have increased from £190,000 to £229,693 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 ROWAN CLOSE has moved in line with the HPI for detached houses in the Powys local authority area.
• The October 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ROWAN CLOSE has not materially changed since October 2020.

How Large is 1 ROWAN CLOSE?

1 ROWAN CLOSE is 74m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses houses in Four Crosses, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Crosses, and where 1 ROWAN CLOSE lies on this distribution: 11% of detached houses houses are smaller than 1 ROWAN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Four Crosses.

1 ROWAN CLOSE: Plot and Title Map

1 ROWAN CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 1 ROWAN CLOSE, 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 1 ROWAN CLOSE). 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 1 ROWAN CLOSE?

1 ROWAN CLOSE is located in FOUR CROSSES, in the SY22 postcode district. The below map shows the position of No. 1 on ROWAN CLOSE.