MEADOW RISE, PRESTEIGNE ROAD, KNIGHTON, LD7 1HY - £485,000

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.

MEADOW RISE is a very large extended detached house of 179m², built sometime between 1976 and 1982, which could now be worth an estimated £433,502. It was last sold for £485,000 in September 2022, which was around 44% above the average September 2022 detached price in the Powys local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

MEADOW RISE Sold Prices

Land registry data shows two sales for MEADOW RISE 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 MEADOW RISE 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
2022 9 SEP	£485,000	£337,349	44% above HPI
2003 28 MAR	£225,000	£137,718	63% above HPI

MEADOW RISE 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 MEADOW RISE sales from March 2003 and September 2022 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 2003 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the September 2022 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might MEADOW RISE be worth now?

MEADOW RISE might now be worth an estimated £433,502.

This is based on house price deflation of 10.6%, between September 2022 and June 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 10.6% deflationary decrease is applied to the most recent sale price for MEADOW RISE of £485,000 on 9th September 2022. For the value to have decreased from £485,000 to £433,502 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of MEADOW RISE has moved in line with the HPI for detached houses in the Powys local authority area.
• The September 2022 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOW RISE has not materially changed since September 2022.

How Large is MEADOW RISE?

MEADOW RISE is 179m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% 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 MEADOW RISE lies on this distribution: 84% of detached houses houses are smaller than MEADOW RISE, and 16% of houses are larger. Note that EPC data is not available for all properties in Knighton.

MEADOW RISE: Plot and Title Map

MEADOW RISE sits on a plot of roughly 0.453 of an acre, or 1,833m². The below map shows the location of MEADOW RISE, 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 MEADOW RISE). 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 MEADOW RISE?

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