12, GEORGE CLOSE, KNIGHTON, LD7 1HL - £161,000

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.

12 GEORGE CLOSE is a small extended terraced house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £170,868. It was last sold for £161,000 in September 2021, which was around 3% above the average September 2021 terraced price in the Powys local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

12 GEORGE CLOSE Sold Prices

Land registry data shows two sales for 12 GEORGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Powys local authority area for the corresponding sale date. Both of the two 12 GEORGE CLOSE 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
2021 15 SEP	£161,000	£155,840	3% above HPI
1999 16 AUG	£55,000	£40,224	37% above HPI

12 GEORGE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Powys local authority area over time, sourced from the HPI. The two 12 GEORGE CLOSE sales from August 1999 and September 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 August 1999 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 12 GEORGE CLOSE be worth now?

12 GEORGE CLOSE might now be worth an estimated £170,868.

This is based on house price inflation of 6.1%, between September 2021 and July 2025, for terraced 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 6.1% inflationary increase is applied to the most recent sale price for 12 GEORGE CLOSE of £161,000 on 15th September 2021. For the value to have increased from £161,000 to £170,868 over the four years and two months to July 2025, the following assumptions must hold true:

• The value of 12 GEORGE CLOSE has moved in line with the HPI for terraced houses in the Powys local authority area.
• The September 2021 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GEORGE CLOSE has not materially changed since September 2021.

How Large is 12 GEORGE CLOSE?

12 GEORGE CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of terraced houses houses in Knighton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Knighton, and where 12 GEORGE CLOSE lies on this distribution: 22% of terraced houses houses are smaller than 12 GEORGE CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Knighton.

12 GEORGE CLOSE: Plot and Title Map

12 GEORGE CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 12 GEORGE CLOSE, 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 12 GEORGE CLOSE). 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 12 GEORGE CLOSE?

12 GEORGE CLOSE is located in KNIGHTON, in the LD7 postcode district. The below map shows the position of No. 12 on GEORGE CLOSE.