7, POUND LANE, PRESTEIGNE, LD8 2DB - £150,000

7 POUND LANE is a large extended detached house of 120m², built sometime before 1900. It was last sold for £150,000 in December 2016, which was around 34% below the average December 2016 detached price in the Powys local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

7 POUND LANE Sold Prices

Land registry data shows two sales for 7 POUND LANE 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. One of the two 7 POUND LANE sales was for below the average price, whilst the other was roughly equal to 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
2016 16 DEC	£150,000	£228,985	34% below HPI
1995 3 JUL	£69,000	£68,959	Close to HPI

7 POUND LANE 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 7 POUND LANE sales from July 1995 and December 2016 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 July 1995 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 POUND LANE?

7 POUND LANE is 120m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 30% of detached houses in Presteigne, based on EPC data. The below chart shows the distribution of detached houses by size in Presteigne, and where 7 POUND LANE lies on this distribution: 69% of detached houses are smaller than 7 POUND LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Presteigne.

7 POUND LANE: Plot and Title Map

7 POUND LANE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 7 POUND LANE, 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 7 POUND LANE). 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 7 POUND LANE?

7 POUND LANE is located in PRESTEIGNE, in the LD8 postcode district. The below map shows the position of No. 7 on POUND LANE.