CWM OFFA, GEORGE ROAD, KNIGHTON, LD7 1RS - £165,000

CWM OFFA is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £165,000 in May 2021, which was around 37% below the average May 2021 detached price in the Powys local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

CWM OFFA Sold Prices

Land registry data shows three sales for CWM OFFA 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. All of the three CWM OFFA 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
2021 25 MAY	£165,000	£262,747	37% below HPI
2019 20 MAR	£172,000	£247,531	31% below HPI
2017 1 DEC	£110,000	£238,708	54% below HPI

CWM OFFA 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 CWM OFFA sales between December 2017 and May 2021 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 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is CWM OFFA?

CWM OFFA is 71m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Knighton, based on EPC data. The below chart shows the distribution of detached houses by size in Knighton, and where CWM OFFA lies on this distribution: 6% of detached houses are smaller than CWM OFFA, and 94% of houses are larger. Note that EPC data is not available for all properties in Knighton.

CWM OFFA: Plot and Title Map

CWM OFFA sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of CWM OFFA, 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 CWM OFFA). 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 CWM OFFA?

CWM OFFA is located on GEORGE ROAD in KNIGHTON, in the LD7 postcode district. The below map shows the position of CWM OFFA on GEORGE ROAD.