56, SEVEN ACRES, KNIGHTON, LD7 1LF - £185,000

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

56 SEVEN ACRES is a small extended detached house of 81m², built sometime between 1983 and 1990. It was last sold for £185,000 in January 2021, which was around 34% below the average January 2021 detached price in the Powys local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

56 SEVEN ACRES Sold Prices

Land registry data shows two sales for 56 SEVEN ACRES 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 56 SEVEN ACRES 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
2021 29 JAN	£185,000	£280,060	34% below HPI
2013 25 OCT	£179,000	£211,076	15% below HPI

56 SEVEN ACRES 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 56 SEVEN ACRES sales from October 2013 and January 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 October 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 56 SEVEN ACRES?

56 SEVEN ACRES is 81m², which includes three extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Knighton, based on EPC data. The below chart shows the distribution of detached houses by size in Knighton, and where 56 SEVEN ACRES lies on this distribution: 21% of detached houses are smaller than 56 SEVEN ACRES, and 78% of houses are larger. Note that EPC data is not available for all properties in Knighton.

56 SEVEN ACRES: Plot and Title Map

56 SEVEN ACRES sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 56 SEVEN ACRES, 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 56 SEVEN ACRES). 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 56 SEVEN ACRES?

56 SEVEN ACRES is located in KNIGHTON, in the LD7 postcode district. The below map shows the position of No. 56 on SEVEN ACRES.