LILAC COTTAGE, SCOTTLETON STREET, PRESTEIGNE, LD8 2BG - £285,000

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.

LILAC COTTAGE is a midsized extended detached house of 102m², built sometime before 1900, which could now be worth an estimated £417,647. It was last sold for £285,000 in May 2016, which was around 29% above the average May 2016 detached price in the Powys local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

LILAC COTTAGE Sold Prices

Land registry data shows three sales for LILAC COTTAGE 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. Two of the three LILAC COTTAGE sales were for above the average price, whilst one was 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
2016 20 MAY	£285,000	£220,898	29% above HPI
2007 13 JUL	£150,000	£226,522	34% below HPI
1997 8 SEP	£85,000	£72,815	17% above HPI

LILAC COTTAGE 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 LILAC COTTAGE sales between September 1997 and May 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 July 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2016 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might LILAC COTTAGE be worth now?

LILAC COTTAGE might now be worth an estimated £417,647.

This is based on house price inflation of 46.5%, between May 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 46.5% inflationary increase is applied to the most recent sale price for LILAC COTTAGE of £285,000 on 20th May 2016. For the value to have increased from £285,000 to £417,647 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of LILAC COTTAGE has moved in line with the HPI for detached houses in the Powys local authority area.
• The May 2016 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of LILAC COTTAGE has not materially changed since May 2016.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 102m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% 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 LILAC COTTAGE lies on this distribution: 57% of detached houses houses are smaller than LILAC COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Presteigne.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of LILAC COTTAGE, 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 LILAC COTTAGE). 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 LILAC COTTAGE?

LILAC COTTAGE is located on SCOTTLETON STREET in PRESTEIGNE, in the LD8 postcode district. The below map shows the position of LILAC COTTAGE on SCOTTLETON STREET.