2, PEN OFFA, NORTON, PRESTEIGNE, LD8 2DX - £268,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 PEN OFFA is a large detached house of 122m², built sometime from 2007 onwards. It was last sold for £268,000 in July 2014, which was around 26% above the average July 2014 detached price in the Powys local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

2 PEN OFFA Sold Prices

Land registry data shows two sales for 2 PEN OFFA 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 2 PEN OFFA 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
2014 11 JUL	£268,000	£212,588	26% above HPI
2007 28 SEP	£247,950	£232,602	7% above HPI

2 PEN OFFA 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 2 PEN OFFA sales from September 2007 and July 2014 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 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2014 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 2 PEN OFFA?

2 PEN OFFA is 122m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Norton, and where 2 PEN OFFA lies on this distribution: 66% of detached houses are smaller than 2 PEN OFFA, and 34% of houses are larger. Note that EPC data is not available for all properties in Norton.

2 PEN OFFA: Plot and Title Map

2 PEN OFFA sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 2 PEN OFFA, 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 2 PEN OFFA). 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 2 PEN OFFA?

2 PEN OFFA is located in NORTON, in the LD8 postcode district. The below map shows the position of No. 2 on PEN OFFA.