OAK VIEW, WARDEN ROAD, PRESTEIGNE, LD8 2DD - £250,000

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

OAK VIEW is a very small detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £249,958. It was last sold for £250,000 in May 2022, which was around 20% below the average May 2022 detached price in the Powys local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

OAK VIEW Sold Prices

Land registry data shows four sales for OAK VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the four OAK VIEW 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
2022 13 MAY	£250,000	£314,333	20% below HPI
2018 12 APR	£165,000	£241,292	32% below HPI
2015 18 AUG	£151,000	£218,427	31% below HPI
2007 19 JAN	£176,000	£205,005	14% below HPI

OAK VIEW 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 four OAK VIEW sales between January 2007 and May 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 April 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might OAK VIEW be worth now?

OAK VIEW might now be worth an estimated £249,958.

This is based on house price deflation of 0%, between May 2022 and December 2024, 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 0% deflationary decrease is applied to the most recent sale price for OAK VIEW of £250,000 on 13th May 2022. For the value to have decreased from £250,000 to £249,958 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of OAK VIEW has moved in line with the HPI for detached houses in the Powys local authority area.
• The May 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of OAK VIEW has not materially changed since May 2022.

How Large is OAK VIEW?

OAK VIEW is 74m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% 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 OAK VIEW lies on this distribution: 19% of detached houses houses are smaller than OAK VIEW, and 80% of houses are larger. Note that EPC data is not available for all properties in Presteigne.

OAK VIEW: Plot and Title Map

OAK VIEW sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of OAK VIEW, 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 OAK VIEW). 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 OAK VIEW?

OAK VIEW is located on WARDEN ROAD in PRESTEIGNE, in the LD8 postcode district. The below map shows the position of OAK VIEW on WARDEN ROAD.