3, MILL COTTAGES, LLANGYNIDR, CRICKHOWELL, NP8 1NW - £198,500

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.

3 MILL COTTAGES is a small detached house of 98m², built sometime before 1900, which could now be worth an estimated £248,054. It was last sold for £198,500 in April 2018, which was around 18% below the average April 2018 detached price in the Powys local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was B.

3 MILL COTTAGES Sold Prices

Land registry data shows five sales for 3 MILL COTTAGES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Powys local authority area for the corresponding sale date. Most of the five 3 MILL COTTAGES sales were for above 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
2018 3 APR	£198,500	£241,292	18% below HPI
2009 22 APR	£160,000	£200,070	20% below HPI
2002 4 SEP	£145,000	£125,959	15% above HPI
2000 1 JUN	£109,950	£90,252	22% above HPI
1996 14 JUN	£75,000	£69,537	8% above HPI

3 MILL COTTAGES 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 five 3 MILL COTTAGES sales between June 1996 and April 2018 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 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 MILL COTTAGES be worth now?

3 MILL COTTAGES might now be worth an estimated £248,054.

This is based on house price inflation of 25%, between April 2018 and June 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 25% inflationary increase is applied to the most recent sale price for 3 MILL COTTAGES of £198,500 on 3rd April 2018. For the value to have increased from £198,500 to £248,054 over the six years and ten months to June 2025, the following assumptions must hold true:

• The value of 3 MILL COTTAGES has moved in line with the HPI for detached houses in the Powys local authority area.
• The April 2018 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL COTTAGES has not materially changed since April 2018.

How Large is 3 MILL COTTAGES?

3 MILL COTTAGES is 98m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses houses in Llangynidr, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llangynidr, and where 3 MILL COTTAGES lies on this distribution: 24% of detached houses houses are smaller than 3 MILL COTTAGES, and 75% of houses are larger. Note that EPC data is not available for all properties in Llangynidr.

3 MILL COTTAGES: Plot and Title Map

3 MILL COTTAGES sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 3 MILL COTTAGES, 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 3 MILL COTTAGES). 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 3 MILL COTTAGES?

3 MILL COTTAGES is located in LLANGYNIDR, in the NP8 postcode district. The below map shows the position of No. 3 on MILL COTTAGES.