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

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

PINE COTTAGE is a very large extended detached house of 209m², built sometime between 1996 and 2002. It was last sold for £393,000 in December 2022, which was around 18% 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	£334,041	18% above HPI
2021 13 AUG	£373,000	£284,629	31% 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 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

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 in Knighton, based on EPC data. The below chart shows the distribution of detached houses by size in Knighton, and where PINE COTTAGE lies on this distribution: 91% of detached houses are smaller than PINE COTTAGE, and 9% 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.