CAE MELIN, ABERMULE, MONTGOMERY, SY15 6ND - £230,000

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.

CAE MELIN is a very large detached house of 153m², built sometime between 2003 and 2006, which could now be worth an estimated £303,007. It was last sold for £230,000 in April 2017, which was about the average April 2017 detached price in the Powys local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

CAE MELIN Sold Prices

Land registry data shows two sales for CAE MELIN 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. One of the two CAE MELIN sales was roughly equal to the average price, whilst the other was 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
2017 13 APR	£230,000	£228,878	Close to HPI
2004 31 MAR	£183,000	£163,101	12% above HPI

CAE MELIN 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 CAE MELIN sales from March 2004 and April 2017 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 March 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might CAE MELIN be worth now?

CAE MELIN might now be worth an estimated £303,007.

This is based on house price inflation of 31.7%, between April 2017 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 31.7% inflationary increase is applied to the most recent sale price for CAE MELIN of £230,000 on 13th April 2017. For the value to have increased from £230,000 to £303,007 over the seven years and ten months to June 2025, the following assumptions must hold true:

• The value of CAE MELIN has moved in line with the HPI for detached houses in the Powys local authority area.
• The April 2017 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of CAE MELIN has not materially changed since April 2017.

How Large is CAE MELIN?

CAE MELIN is 153m² according to the EPC inspection conducted in June 2009. This puts it in the largest 10% of detached houses houses in Abermule, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abermule, and where CAE MELIN lies on this distribution: 91% of detached houses houses are smaller than CAE MELIN, and 9% of houses are larger. Note that EPC data is not available for all properties in Abermule.

CAE MELIN: Plot and Title Map

CAE MELIN sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of CAE MELIN, 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 CAE MELIN). 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 CAE MELIN?

CAE MELIN is located in ABERMULE, in the SY15 postcode district. The below map shows the position of CAE MELIN in ABERMULE.