2, Watery Lane
2, Watery Lane
Description & Estimates
Public records show 2, Watery Lane, Presteigne to be a modern freehold house with 850 ft2 of internal area, sitting on a 885 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Watery Lane, Presteigne has an estimated sale value of £93,453 and an estimated rental value of £427 per month, assuming reasonable condition and based on the information available.
Watery Lane, Walton, Presteigne, LD8 lies within the LD8 postal district.
Our Data Sources
2, Watery Lane, Presteigne has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2, Watery Lane, Presteigne would be worth £98,125, with a potential rental value of £448 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £86,911, with a rental value of £397 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Watery Lane, Presteigne has declined by £620 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £14 (3.3%). The property's estimated gross yield is currently 5.5%.
Plot Size
2, Watery Lane, Presteigne occupies a 885 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
2, Watery Lane, Presteigne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
2, Watery Lane, Presteigne last changed hands on 21st October 2015, selling for £65,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 42.7% since October 2015.
- Sold Oct 2015£65,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 5.1 kilometres of 2, Watery Lane, Presteigne across the last 2 years.
Most recently, Summergil House, Watery Lane, Presteigne, LD8 2PT, a freehold house, sold at £1,075,000 on the 22nd September 2017.
Read more about house prices in LD8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Watery Lane, Presteigne as the 7th largest and the 7th most expensive of the 7 addresses on Watery Lane, Walton, Presteigne, LD8.
Against the LD8 postcode district average, it is £214k less expensive than the typical property.
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Schools Nearby
- 4.9kmKington Primary School
- 11.3kmAlmeley Primary School
- 4.7kmLady Hawkins' School
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Public Transport Nearby
Knighton station is the nearest stop to 2, Watery Lane, Presteigne at 12.1 kilometres away.
- 12.1kmKnighton
- 13.7kmLlangynllo
- 13.8kmKnucklas
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
