RIDGEVIEW, WELLINGTON ROAD, LLANDRINDOD WELLS, LD1 5NB - £125,000

RIDGEVIEW is a midsized extended semi-detached house of 101m², built sometime between 1976 and 1982. It was last sold for £125,000 in August 2021, which was around 56% below the average August 2021 detached price in the Powys local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.

RIDGEVIEW Sold Prices

Land registry data shows three sales for RIDGEVIEW 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 RIDGEVIEW 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 6 AUG	£125,000	£284,629	56% below HPI
2012 2 MAR	£80,000	£199,639	60% below HPI
1995 8 DEC	£35,000	£66,409	47% below HPI

RIDGEVIEW 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 RIDGEVIEW sales between December 1995 and August 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 March 2012 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the August 2021 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is RIDGEVIEW?

RIDGEVIEW is 101m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% of detached houses in Llandrindod Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Llandrindod Wells, and where RIDGEVIEW lies on this distribution: 49% of detached houses are smaller than RIDGEVIEW, and 50% of houses are larger. Note that EPC data is not available for all properties in Llandrindod Wells.

RIDGEVIEW: Plot and Title Map

RIDGEVIEW sits on a plot of roughly 0.015 of an acre, or 60m². The below map shows the location of RIDGEVIEW, 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 RIDGEVIEW). 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 RIDGEVIEW?

RIDGEVIEW is located on WELLINGTON ROAD in LLANDRINDOD WELLS, in the LD1 postcode district. The below map shows the position of RIDGEVIEW on WELLINGTON ROAD.