8, GROVE CLOSE, KNIGHTON, LD7 1LJ - £295,000

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

8 GROVE CLOSE is a very large extended detached house of 218m², built sometime between 1996 and 2002. It was last sold for £295,000 in September 2014, which was around 36% above the average September 2014 detached price in the Powys local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

8 GROVE CLOSE Sold Prices

Land registry data shows four sales for 8 GROVE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Powys local authority area for the corresponding sale date. Most of the four 8 GROVE 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
2014 19 SEP	£295,000	£217,156	36% above HPI
2005 15 JUN	£275,000	£195,528	41% above HPI
2003 26 JUN	£200,000	£140,707	42% above HPI
2001 26 NOV	£31,000	£101,293	69% below HPI

8 GROVE CLOSE 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 four 8 GROVE CLOSE sales between November 2001 and September 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 June 2005 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2014 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 8 GROVE CLOSE?

8 GROVE CLOSE is 218m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Knighton, based on EPC data. The below chart shows the distribution of detached houses by size in Knighton, and where 8 GROVE CLOSE lies on this distribution: 92% of detached houses are smaller than 8 GROVE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Knighton.

8 GROVE CLOSE: Plot and Title Map

8 GROVE CLOSE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 8 GROVE 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 8 GROVE 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 8 GROVE CLOSE?

8 GROVE CLOSE is located in KNIGHTON, in the LD7 postcode district. The below map shows the position of No. 8 on GROVE CLOSE.