16, PENARRON DRIVE, KERRY, NEWTOWN, SY16 4EA - £155,500

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.

16 PENARRON DRIVE is a very small semi-detached house of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £220,438. It was last sold for £155,500 in August 2017, which was around 3% above the average August 2017 semi-detached price in the Powys local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

16 PENARRON DRIVE Sold Prices

Land registry data shows three sales for 16 PENARRON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Powys local authority area for the corresponding sale date. One of the three 16 PENARRON DRIVE sales was for above the average price, whilst two 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
2017 14 AUG	£155,500	£150,277	3% above HPI
2007 14 SEP	£145,000	£154,672	6% below HPI
1998 31 JUL	£24,300	£49,432	51% below HPI

16 PENARRON DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Powys local authority area over time, sourced from the HPI. The three 16 PENARRON DRIVE sales between July 1998 and August 2017 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 September 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 16 PENARRON DRIVE be worth now?

16 PENARRON DRIVE might now be worth an estimated £220,438.

This is based on house price inflation of 41.8%, between August 2017 and May 2026, for semi-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 41.8% inflationary increase is applied to the most recent sale price for 16 PENARRON DRIVE of £155,500 on 14th August 2017. For the value to have increased from £155,500 to £220,438 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 16 PENARRON DRIVE has moved in line with the HPI for semi-detached houses in the Powys local authority area.
• The August 2017 sale price of £155,500 represented a fair market value for the property.
• The size, condition, and specification of 16 PENARRON DRIVE has not materially changed since August 2017.

How Large is 16 PENARRON DRIVE?

16 PENARRON DRIVE is 62m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of semi-detached houses houses in Ceri, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ceri, and where 16 PENARRON DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 16 PENARRON DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ceri.

16 PENARRON DRIVE: Plot and Title Map

16 PENARRON DRIVE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 16 PENARRON DRIVE, 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 16 PENARRON DRIVE). 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 16 PENARRON DRIVE?

16 PENARRON DRIVE is located in KERRY, in the SY16 postcode district. The below map shows the position of No. 16 on PENARRON DRIVE.