BALA, PRESTEIGNE ROAD, KNIGHTON, LD7 1HY - £224,000

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.

BALA is a large detached house of 157m², built sometime between 1983 and 1990, which could now be worth an estimated £327,216. It was last sold for £224,000 in July 2016, which was around 1% above the average July 2016 detached price in the Powys local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

BALA Sold Prices

Land registry data shows three sales for BALA 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. All of the three BALA 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
2016 26 JUL	£224,000	£221,600	1% above HPI
2003 6 JAN	£192,000	£135,662	42% above HPI
1996 2 SEP	£95,000	£71,119	34% above HPI

BALA 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 BALA sales between September 1996 and July 2016 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 January 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might BALA be worth now?

BALA might now be worth an estimated £327,216.

This is based on house price inflation of 46.1%, between July 2016 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 46.1% inflationary increase is applied to the most recent sale price for BALA of £224,000 on 26th July 2016. For the value to have increased from £224,000 to £327,216 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of BALA has moved in line with the HPI for detached houses in the Powys local authority area.
• The July 2016 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of BALA has not materially changed since July 2016.

How Large is BALA?

BALA is 157m² according to the EPC inspection conducted in July 2013. This puts it in the largest 30% 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 BALA lies on this distribution: 77% of detached houses houses are smaller than BALA, and 23% of houses are larger. Note that EPC data is not available for all properties in Knighton.

BALA: Plot and Title Map

BALA sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of BALA, 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 BALA). 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 BALA?

BALA is located on PRESTEIGNE ROAD in KNIGHTON, in the LD7 postcode district. The below map shows the position of BALA on PRESTEIGNE ROAD.