2, GROVE CLOSE, KNIGHTON, LD7 1LJ - £372,500

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.

2 GROVE CLOSE is a large extended detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £373,187. It was last sold for £372,500 in August 2023, which was around 15% above the average August 2023 detached price in the Powys local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 GROVE CLOSE Sold Prices

Land registry data shows three sales for 2 GROVE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Powys local authority area for the corresponding sale date. Two of the three 2 GROVE CLOSE sales were for above the average price, whilst one was 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
2023 22 AUG	£372,500	£323,601	15% above HPI
2006 10 MAR	£232,500	£211,132	10% above HPI
1999 14 JUN	£74,000	£77,464	4% below HPI

2 GROVE CLOSE 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 three 2 GROVE CLOSE sales between June 1999 and August 2023 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 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 GROVE CLOSE be worth now?

2 GROVE CLOSE might now be worth an estimated £373,187.

This is based on house price inflation of 0.2%, between August 2023 and March 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 0.2% inflationary increase is applied to the most recent sale price for 2 GROVE CLOSE of £372,500 on 22nd August 2023. For the value to have increased from £372,500 to £373,187 over the two years and five months to March 2025, the following assumptions must hold true:

• The value of 2 GROVE CLOSE has moved in line with the HPI for detached houses in the Powys local authority area.
• The August 2023 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GROVE CLOSE has not materially changed since August 2023.

How Large is 2 GROVE CLOSE?

2 GROVE CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% 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 2 GROVE CLOSE lies on this distribution: 60% of detached houses houses are smaller than 2 GROVE CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Knighton.

2 GROVE CLOSE: Plot and Title Map

2 GROVE CLOSE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 2 GROVE CLOSE, 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 2 GROVE CLOSE). 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 2 GROVE CLOSE?

2 GROVE CLOSE is located in KNIGHTON, in the LD7 postcode district. The below map shows the position of No. 2 on GROVE CLOSE.