PERLYS, MACHYNLLETH, SY20 8HZ - £200,000

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.

PERLYS is a small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £203,398. It was last sold for £200,000 in January 2023, which was around 37% below the average January 2023 detached price in the Powys local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

PERLYS Sold Prices

Land registry data shows three sales for PERLYS 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 PERLYS 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
2023 30 JAN	£200,000	£319,684	37% below HPI
2017 19 MAY	£115,000	£226,617	49% below HPI
2015 24 FEB	£112,000	£216,230	48% below HPI

PERLYS 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 PERLYS sales between February 2015 and January 2023 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 May 2017 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might PERLYS be worth now?

PERLYS might now be worth an estimated £203,398.

This is based on house price inflation of 1.7%, between January 2023 and May 2026, 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 1.7% inflationary increase is applied to the most recent sale price for PERLYS of £200,000 on 30th January 2023. For the value to have increased from £200,000 to £203,398 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of PERLYS has moved in line with the HPI for detached houses in the Powys local authority area.
• The January 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of PERLYS has not materially changed since January 2023.

How Large is PERLYS?

PERLYS is 91m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses houses in Machynlleth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Machynlleth, and where PERLYS lies on this distribution: 22% of detached houses houses are smaller than PERLYS, and 75% of houses are larger. Note that EPC data is not available for all properties in Machynlleth.

PERLYS: Plot and Title Map

PERLYS sits on a plot of roughly 0.413 of an acre, or 1,671m². The below map shows the location of PERLYS, 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 PERLYS). 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 PERLYS?

PERLYS is located in MACHYNLLETH, in the SY20 postcode district. The below map shows the position of PERLYS in MACHYNLLETH.