5, GROVE CLOSE, KNIGHTON, LD7 1LJ - £315,000

5 GROVE CLOSE is a large extended detached house of 132m², built sometime between 1991 and 1995. It was last sold for £315,000 in April 2019, which was around 29% above the average April 2019 detached price in the Powys local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

5 GROVE CLOSE Sold Prices

Land registry data shows five sales for 5 GROVE 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. Most of the five 5 GROVE CLOSE 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
2019 17 APR	£315,000	£244,858	29% above HPI
2006 27 MAR	£302,500	£209,493	44% above HPI
2004 10 DEC	£293,000	£186,622	57% above HPI
2002 9 AUG	£175,000	£124,615	40% above HPI
1999 12 NOV	£20,000	£84,535	76% below HPI

5 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 five 5 GROVE CLOSE sales between November 1999 and April 2019 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 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the April 2019 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 5 GROVE CLOSE?

5 GROVE CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Knighton, based on EPC data. The below chart shows the distribution of detached houses by size in Knighton, and where 5 GROVE CLOSE lies on this distribution: 64% of detached houses are smaller than 5 GROVE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Knighton.

5 GROVE CLOSE: Plot and Title Map

5 GROVE CLOSE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 5 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 5 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 5 GROVE CLOSE?

5 GROVE CLOSE is located in KNIGHTON, in the LD7 postcode district. The below map shows the position of No. 5 on GROVE CLOSE.