THE SMITHY, BETTWS CEDEWAIN, NEWTOWN, SY16 3DS - £249,950

THE SMITHY is a small extended detached house of 101m², built sometime before 1900. It was last sold for £249,950 in November 2020, which was around 6% below the average November 2020 detached price in the Powys local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was C.

THE SMITHY Sold Prices

Land registry data shows two sales for THE SMITHY 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 SMITHY 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
2020 4 NOV	£249,950	£265,173	6% below HPI
2015 3 SEP	£185,000	£220,432	16% below HPI

THE SMITHY 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 SMITHY sales from September 2015 and November 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 September 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is THE SMITHY?

THE SMITHY is 101m², which includes three extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% 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 SMITHY lies on this distribution: 31% of detached houses are smaller than THE SMITHY, and 69% of houses are larger. Note that EPC data is not available for all properties in Bettws Cedewain.

THE SMITHY: Plot and Title Map

THE SMITHY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of THE SMITHY, 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 SMITHY). 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 SMITHY?

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