2, CANAL CLOSE, NEWTOWN, SY16 2HG - £165,000

2 CANAL CLOSE is a small detached house of 86m², built sometime between 2003 and 2006. It was last sold for £165,000 in May 2023, which was around 47% below the average May 2023 detached price in the Powys local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 CANAL CLOSE Sold Prices

Land registry data shows two sales for 2 CANAL CLOSE 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 2 CANAL 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
2023 30 MAY	£165,000	£311,486	47% below HPI
2008 3 APR	£124,000	£200,969	38% below HPI

2 CANAL 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 two 2 CANAL CLOSE sales from April 2008 and May 2023 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 April 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 CANAL CLOSE?

2 CANAL CLOSE is 86m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% of detached houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses by size in Newtown, and where 2 CANAL CLOSE lies on this distribution: 28% of detached houses are smaller than 2 CANAL CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Newtown.

2 CANAL CLOSE: Plot and Title Map

2 CANAL CLOSE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 2 CANAL 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 2 CANAL 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 2 CANAL CLOSE?

2 CANAL CLOSE is located in NEWTOWN, in the SY16 postcode district. The below map shows the position of No. 2 on CANAL CLOSE.