PRIORY LODGE, PRIORY HILL, BRECON, LD3 9DN - £145,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PRIORY LODGE is a very small extended detached house of 76m², built sometime before 1900. It was last sold for £145,000 in July 2011, which was around 29% below the average July 2011 detached price in the Powys local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

PRIORY LODGE Sold Prices

Land registry data shows two sales for PRIORY LODGE 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 PRIORY LODGE 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
2011 22 JUL	£145,000	£205,632	29% below HPI
2005 28 NOV	£115,000	£203,653	44% below HPI

PRIORY LODGE 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 PRIORY LODGE sales from November 2005 and July 2011 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 November 2005 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2011 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is PRIORY LODGE?

PRIORY LODGE is 76m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Brecon, based on EPC data. The below chart shows the distribution of detached houses by size in Brecon, and where PRIORY LODGE lies on this distribution: 13% of detached houses are smaller than PRIORY LODGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Brecon.

PRIORY LODGE: Plot and Title Map

PRIORY LODGE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of PRIORY LODGE, 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 PRIORY LODGE). 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 PRIORY LODGE?

PRIORY LODGE is located on PRIORY HILL in BRECON, in the LD3 postcode district. The below map shows the position of PRIORY LODGE on PRIORY HILL.