45, PARC YR IRFON, BUILTH WELLS, LD2 3NG - £255,000

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.

45 PARC YR IRFON is a very small detached house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £271,434. It was last sold for £255,000 in December 2021, which was around 16% below the average December 2021 detached price in the Powys local authority area. The most recent EPC inspection was July 2022, where the current energy rating was F, and the potential energy rating was C.

45 PARC YR IRFON Sold Prices

Land registry data shows two sales for 45 PARC YR IRFON 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 45 PARC YR IRFON 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
2021 3 DEC	£255,000	£304,569	16% below HPI
2006 20 DEC	£120,000	£210,694	43% below HPI

45 PARC YR IRFON 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 45 PARC YR IRFON sales from December 2006 and December 2021 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 2006 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 45 PARC YR IRFON be worth now?

45 PARC YR IRFON might now be worth an estimated £271,434.

This is based on house price inflation of 6.4%, between December 2021 and March 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 6.4% inflationary increase is applied to the most recent sale price for 45 PARC YR IRFON of £255,000 on 3rd December 2021. For the value to have increased from £255,000 to £271,434 over the four years and nine months to March 2025, the following assumptions must hold true:

• The value of 45 PARC YR IRFON has moved in line with the HPI for detached houses in the Powys local authority area.
• The December 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 45 PARC YR IRFON has not materially changed since December 2021.

How Large is 45 PARC YR IRFON?

45 PARC YR IRFON is 82m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses houses in Builth Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Builth Wells, and where 45 PARC YR IRFON lies on this distribution: 14% of detached houses houses are smaller than 45 PARC YR IRFON, and 86% of houses are larger. Note that EPC data is not available for all properties in Builth Wells.

45 PARC YR IRFON: Plot and Title Map

45 PARC YR IRFON sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 45 PARC YR IRFON, 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 45 PARC YR IRFON). 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 45 PARC YR IRFON?

45 PARC YR IRFON is located in BUILTH WELLS, in the LD2 postcode district. The below map shows the position of No. 45 on PARC YR IRFON.