THE MILL, BETTWS CEDEWAIN, NEWTOWN, SY16 3DS - £295,000

THE MILL is a very large extended detached house of 225m², built sometime between 1991 and 1995. It was last sold for £295,000 in August 2018, which was around 20% above the average August 2018 detached price in the Powys local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was D.

THE MILL Sold Prices

Land registry data shows two sales for THE MILL 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. Both of the two THE MILL 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
2018 17 AUG	£295,000	£246,496	20% above HPI
2006 28 JUL	£270,000	£213,546	26% above HPI

THE MILL 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 THE MILL sales from July 2006 and August 2018 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 July 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2018 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is THE MILL?

THE MILL is 225m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses in Bettws Cedewain, based on EPC data. The below chart shows the distribution of detached houses by size in Bettws Cedewain, and where THE MILL lies on this distribution: 88% of detached houses are smaller than THE MILL, and 12% of houses are larger. Note that EPC data is not available for all properties in Bettws Cedewain.

THE MILL: Plot and Title Map

THE MILL sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of THE MILL, 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 THE MILL). 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 THE MILL?

THE MILL is located in BETTWS CEDEWAIN, in the SY16 postcode district. The below map shows the position of THE MILL in BETTWS CEDEWAIN.