HILLCREST, LIONS BANK, MONTGOMERY, SY15 6PT - £240,000

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

HILLCREST is a midsized extended detached house of 117m², built sometime before 1900. It was last sold for £240,000 in October 2020, which was around 10% below the average October 2020 detached price in the Powys local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2020 25 OCT	£240,000	£265,691	10% below HPI
2001 8 MAY	£41,500	£99,575	58% below HPI

HILLCREST 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 HILLCREST sales from May 2001 and October 2020 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 May 2001 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the October 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is HILLCREST?

HILLCREST is 117m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Montgomery, based on EPC data. The below chart shows the distribution of detached houses by size in Montgomery, and where HILLCREST lies on this distribution: 54% of detached houses are smaller than HILLCREST, and 46% of houses are larger. Note that EPC data is not available for all properties in Montgomery.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on LIONS BANK in MONTGOMERY, in the SY15 postcode district. The below map shows the position of HILLCREST on LIONS BANK.