3, THE PADDOCKS, GARTH LANE, KNIGHTON, LD7 1HH - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 THE PADDOCKS is a small detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £287,603. It was last sold for £285,000 in February 2023, which was around 11% below the average February 2023 detached price in the Powys local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

3 THE PADDOCKS Sold Prices

Land registry data shows three sales for 3 THE PADDOCKS 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. Two of the three 3 THE PADDOCKS sales were for below the average price, whilst one was 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
2023 15 FEB	£285,000	£320,780	11% below HPI
2006 28 APR	£218,000	£206,861	5% above HPI
1996 6 DEC	£67,500	£69,944	3% below HPI

3 THE PADDOCKS 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 3 THE PADDOCKS sales between December 1996 and February 2023 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 April 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 THE PADDOCKS be worth now?

3 THE PADDOCKS might now be worth an estimated £287,603.

This is based on house price inflation of 0.9%, between February 2023 and February 2025, for detached 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 0.9% inflationary increase is applied to the most recent sale price for 3 THE PADDOCKS of £285,000 on 15th February 2023. For the value to have increased from £285,000 to £287,603 over the two years to February 2025, the following assumptions must hold true:

• The value of 3 THE PADDOCKS has moved in line with the HPI for detached houses in the Powys local authority area.
• The February 2023 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE PADDOCKS has not materially changed since February 2023.

How Large is 3 THE PADDOCKS?

3 THE PADDOCKS is 95m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses houses in Knighton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Knighton, and where 3 THE PADDOCKS lies on this distribution: 37% of detached houses houses are smaller than 3 THE PADDOCKS, and 61% of houses are larger. Note that EPC data is not available for all properties in Knighton.

3 THE PADDOCKS: Plot and Title Map

3 THE PADDOCKS sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of 3 THE PADDOCKS, 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 3 THE PADDOCKS). 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 3 THE PADDOCKS?

3 THE PADDOCKS is located on GARTH LANE in KNIGHTON, in the LD7 postcode district. The below map shows the position of 3 THE PADDOCKS on GARTH LANE.