HERONGATE, PRESTEIGNE, LD8 2LD - £560,000

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

HERONGATE is a very large extended detached house of 224m², built sometime between 1996 and 2002, which could now be worth an estimated £726,660. It was last sold for £560,000 in March 2019, which was around 124% above the average March 2019 detached price in the Powys local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was D.

HERONGATE Sold Prices

Land registry data shows three sales for HERONGATE 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 HERONGATE 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
2019 8 MAR	£560,000	£249,467	124% above HPI
2010 17 SEP	£468,000	£215,365	117% above HPI
2006 13 SEP	£445,000	£223,732	99% above HPI

HERONGATE 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 HERONGATE sales between September 2006 and March 2019 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 2010 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the March 2019 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might HERONGATE be worth now?

HERONGATE might now be worth an estimated £726,660.

This is based on house price inflation of 29.8%, between March 2019 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 29.8% inflationary increase is applied to the most recent sale price for HERONGATE of £560,000 on 8th March 2019. For the value to have increased from £560,000 to £726,660 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of HERONGATE has moved in line with the HPI for detached houses in the Powys local authority area.
• The March 2019 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of HERONGATE has not materially changed since March 2019.

How Large is HERONGATE?

HERONGATE is 224m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses houses in Presteigne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Presteigne, and where HERONGATE lies on this distribution: 97% of detached houses houses are smaller than HERONGATE, and 3% of houses are larger. Note that EPC data is not available for all properties in Presteigne.

HERONGATE: Plot and Title Map

HERONGATE sits on a plot of roughly 0.598 of an acre, or 2,419m². The below map shows the location of HERONGATE, 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 HERONGATE). 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 HERONGATE?

HERONGATE is located in PRESTEIGNE, in the LD8 postcode district. The below map shows the position of HERONGATE in PRESTEIGNE.