7, MOUNT CLOSE, WELSHPOOL, SY21 7PD - £115,000

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.

7 MOUNT CLOSE is a very small terraced house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £161,676. It was last sold for £115,000 in June 2016, which was around 1% below the average June 2016 terraced price in the Powys local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

7 MOUNT CLOSE Sold Prices

Land registry data shows four sales for 7 MOUNT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Powys local authority area for the corresponding sale date. Most of the four 7 MOUNT CLOSE 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
2016 8 JUN	£115,000	£116,127	1% below HPI
2002 22 NOV	£72,500	£61,135	19% above HPI
1999 30 APR	£47,500	£38,370	24% above HPI
1996 4 DEC	£39,500	£34,973	13% above HPI

7 MOUNT CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Powys local authority area over time, sourced from the HPI. The four 7 MOUNT CLOSE sales between December 1996 and June 2016 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 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 7 MOUNT CLOSE be worth now?

7 MOUNT CLOSE might now be worth an estimated £161,676.

This is based on house price inflation of 40.6%, between June 2016 and April 2026, for terraced 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 40.6% inflationary increase is applied to the most recent sale price for 7 MOUNT CLOSE of £115,000 on 8th June 2016. For the value to have increased from £115,000 to £161,676 over the ten years and two months to April 2026, the following assumptions must hold true:

• The value of 7 MOUNT CLOSE has moved in line with the HPI for terraced houses in the Powys local authority area.
• The June 2016 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MOUNT CLOSE has not materially changed since June 2016.

How Large is 7 MOUNT CLOSE?

7 MOUNT CLOSE is 53m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of terraced houses houses in Welshpool, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Welshpool, and where 7 MOUNT CLOSE lies on this distribution: 6% of terraced houses houses are smaller than 7 MOUNT CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Welshpool.

7 MOUNT CLOSE: Plot and Title Map

7 MOUNT CLOSE sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of 7 MOUNT 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 7 MOUNT 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 7 MOUNT CLOSE?

7 MOUNT CLOSE is located in WELSHPOOL, in the SY21 postcode district. The below map shows the position of No. 7 on MOUNT CLOSE.