PINE COTTAGE, GARTH LANE, KNIGHTON, LD7 1SA - £393,000

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.

PINE COTTAGE is a very large extended detached house of 209m², built sometime between 1996 and 2002, which could now be worth an estimated £377,890. It was last sold for £393,000 in December 2022, which was around 17% above the average December 2022 detached price in the Powys local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

PINE COTTAGE Sold Prices

Land registry data shows two sales for PINE COTTAGE 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 PINE COTTAGE 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 13 DEC	£393,000	£336,654	17% above HPI
2021 13 AUG	£373,000	£286,856	30% above HPI

PINE 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 two PINE COTTAGE sales from August 2021 and December 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 August 2021 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might PINE COTTAGE be worth now?

PINE COTTAGE might now be worth an estimated £377,890.

This is based on house price deflation of 3.8%, between December 2022 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 3.8% deflationary decrease is applied to the most recent sale price for PINE COTTAGE of £393,000 on 13th December 2022. For the value to have decreased from £393,000 to £377,890 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of PINE COTTAGE has moved in line with the HPI for detached houses in the Powys local authority area.
• The December 2022 sale price of £393,000 represented a fair market value for the property.
• The size, condition, and specification of PINE COTTAGE has not materially changed since December 2022.

How Large is PINE COTTAGE?

PINE COTTAGE is 209m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% 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 PINE COTTAGE lies on this distribution: 90% of detached houses houses are smaller than PINE COTTAGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Knighton.

PINE COTTAGE: Plot and Title Map

PINE COTTAGE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of PINE 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 PINE 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 PINE COTTAGE?

PINE COTTAGE is located on GARTH LANE in KNIGHTON, in the LD7 postcode district. The below map shows the position of PINE COTTAGE on GARTH LANE.