22, ORCHARD CLOSE, PRESTEIGNE, LD8 2HF - £150,000

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.

22 ORCHARD CLOSE is a very small detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £203,234. It was last sold for £150,000 in November 2017, which was around 37% below the average November 2017 detached price in the Powys local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

22 ORCHARD CLOSE Sold Prices

Land registry data shows five sales for 22 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Powys local authority area for the corresponding sale date. All of the five 22 ORCHARD CLOSE 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
2017 13 NOV	£150,000	£239,956	37% below HPI
2015 21 AUG	£135,000	£218,427	38% below HPI
2013 19 DEC	£135,500	£210,481	36% below HPI
2013 15 MAY	£102,000	£207,033	51% below HPI
1999 22 MAR	£64,000	£78,565	19% below HPI

22 ORCHARD 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 five 22 ORCHARD CLOSE sales between March 1999 and November 2017 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 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2017 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 22 ORCHARD CLOSE be worth now?

22 ORCHARD CLOSE might now be worth an estimated £203,234.

This is based on house price inflation of 35.5%, between November 2017 and May 2026, 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 35.5% inflationary increase is applied to the most recent sale price for 22 ORCHARD CLOSE of £150,000 on 13th November 2017. For the value to have increased from £150,000 to £203,234 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 22 ORCHARD CLOSE has moved in line with the HPI for detached houses in the Powys local authority area.
• The November 2017 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 22 ORCHARD CLOSE has not materially changed since November 2017.

How Large is 22 ORCHARD CLOSE?

22 ORCHARD CLOSE is 59m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% 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 22 ORCHARD CLOSE lies on this distribution: 4% of detached houses houses are smaller than 22 ORCHARD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Presteigne.

22 ORCHARD CLOSE: Plot and Title Map

22 ORCHARD CLOSE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 22 ORCHARD 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 22 ORCHARD 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 22 ORCHARD CLOSE?

22 ORCHARD CLOSE is located in PRESTEIGNE, in the LD8 postcode district. The below map shows the position of No. 22 on ORCHARD CLOSE.