HILLSREST, PRESTEIGNE ROAD, KNIGHTON, LD7 1HY - £205,000

HILLSREST is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £205,000 in November 2018, which was around 18% below the average November 2018 detached price in the Powys local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

HILLSREST Sold Prices

Land registry data shows two sales for HILLSREST 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. Both of the two HILLSREST 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
2018 15 NOV	£205,000	£250,740	18% below HPI
1995 13 NOV	£59,500	£65,692	9% below HPI

HILLSREST 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 HILLSREST sales from November 1995 and November 2018 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 November 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is HILLSREST?

HILLSREST is 76m² according to the EPC inspection conducted in May 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 HILLSREST lies on this distribution: 10% of detached houses are smaller than HILLSREST, and 89% of houses are larger. Note that EPC data is not available for all properties in Knighton.

HILLSREST: Plot and Title Map

HILLSREST sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of HILLSREST, 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 HILLSREST). 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 HILLSREST?

HILLSREST is located on PRESTEIGNE ROAD in KNIGHTON, in the LD7 postcode district. The below map shows the position of HILLSREST on PRESTEIGNE ROAD.