GREEN ACRES, LLANYRE, LLANDRINDOD WELLS, LD1 6EA - £325,000

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.

GREEN ACRES is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £388,454. It was last sold for £325,000 in July 2020, which was around 29% above the average July 2020 detached price in the Powys local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

GREEN ACRES Sold Prices

Land registry data shows three sales for GREEN ACRES 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 GREEN ACRES 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
2020 1 JUL	£325,000	£252,274	29% above HPI
2016 27 JAN	£277,000	£216,373	28% above HPI
2011 16 SEP	£230,000	£212,739	8% above HPI

GREEN ACRES 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 GREEN ACRES sales between September 2011 and July 2020 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 January 2016 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might GREEN ACRES be worth now?

GREEN ACRES might now be worth an estimated £388,454.

This is based on house price inflation of 19.5%, between July 2020 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 19.5% inflationary increase is applied to the most recent sale price for GREEN ACRES of £325,000 on 1st July 2020. For the value to have increased from £325,000 to £388,454 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of GREEN ACRES has moved in line with the HPI for detached houses in the Powys local authority area.
• The July 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN ACRES has not materially changed since July 2020.

How Large is GREEN ACRES?

GREEN ACRES is 70m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses houses in Llanyre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanyre, and where GREEN ACRES lies on this distribution: 8% of detached houses houses are smaller than GREEN ACRES, and 92% of houses are larger. Note that EPC data is not available for all properties in Llanyre.

GREEN ACRES: Plot and Title Map

GREEN ACRES sits on a plot of roughly 0.781 of an acre, or 3,159m². The below map shows the location of GREEN ACRES, 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 GREEN ACRES). 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 GREEN ACRES?

GREEN ACRES is located in LLANYRE, in the LD1 postcode district. The below map shows the position of GREEN ACRES in LLANYRE.