2, WILLOW CLOSE, FOUR CROSSES, LLANYMYNECH, SY22 6NF - £117,000

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.

2 WILLOW CLOSE is a very small detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £268,239. It was last sold for £117,000 in June 2003, which was around 17% below the average June 2003 detached price in the Powys local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was B.

2 WILLOW CLOSE Sold Prices

Land registry data shows three sales for 2 WILLOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the three 2 WILLOW 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
2003 6 JUN	£117,000	£141,808	17% below HPI
2000 10 NOV	£71,000	£94,597	25% below HPI
1997 3 FEB	£53,000	£66,913	21% below HPI

2 WILLOW 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 three 2 WILLOW CLOSE sales between February 1997 and June 2003 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 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2003 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 WILLOW CLOSE be worth now?

2 WILLOW CLOSE might now be worth an estimated £268,239.

This is based on house price inflation of 129.3%, between June 2003 and May 2026, 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 129.3% inflationary increase is applied to the most recent sale price for 2 WILLOW CLOSE of £117,000 on 6th June 2003. For the value to have increased from £117,000 to £268,239 over the 23 years and one month to May 2026, the following assumptions must hold true:

• The value of 2 WILLOW CLOSE has moved in line with the HPI for detached houses in the Powys local authority area.
• The June 2003 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WILLOW CLOSE has not materially changed since June 2003.

How Large is 2 WILLOW CLOSE?

2 WILLOW CLOSE is 70m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 2 WILLOW CLOSE lies on this distribution: 6% of detached houses houses are smaller than 2 WILLOW CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Four Crosses.

2 WILLOW CLOSE: Plot and Title Map

2 WILLOW CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 WILLOW 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 WILLOW 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 WILLOW CLOSE?

2 WILLOW CLOSE is located in FOUR CROSSES, in the SY22 postcode district. The below map shows the position of No. 2 on WILLOW CLOSE.