LARKY LODGE, GEORGE ROAD, KNIGHTON, LD7 1HF - £420,000

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

LARKY LODGE is a very large extended detached house of 172m², built sometime between 1983 and 1990. It was last sold for £420,000 in March 2016, which was around 91% above the average March 2016 detached price in the Powys local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

LARKY LODGE Sold Prices

Land registry data shows two sales for LARKY LODGE 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 LARKY LODGE 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 23 MAR	£420,000	£219,649	91% above HPI
1998 6 MAR	£146,000	£77,156	89% above HPI

LARKY LODGE 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 LARKY LODGE sales from March 1998 and March 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 March 1998 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the March 2016 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is LARKY LODGE?

LARKY LODGE is 172m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Knighton, based on EPC data. The below chart shows the distribution of detached houses by size in Knighton, and where LARKY LODGE lies on this distribution: 82% of detached houses are smaller than LARKY LODGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Knighton.

LARKY LODGE: Plot and Title Map

LARKY LODGE sits on a plot of roughly 0.461 of an acre, or 1,865m². The below map shows the location of LARKY LODGE, 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 LARKY LODGE). 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 LARKY LODGE?

LARKY LODGE is located on GEORGE ROAD in KNIGHTON, in the LD7 postcode district. The below map shows the position of LARKY LODGE on GEORGE ROAD.