1, CHERRY TREE LANE, COLWYN BAY, LL28 5YH - £227,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CHERRY TREE LANE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £227,000 in September 2019, which was around 5% below the average September 2019 detached price in the Conwy local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

1 CHERRY TREE LANE Sold Prices

Land registry data shows three sales for 1 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Conwy local authority area for the corresponding sale date. One of the three 1 CHERRY TREE LANE sales was for below the average price, whilst two 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 SEP	£227,000	£239,776	5% below HPI
2013 24 JUN	£225,000	£187,194	20% above HPI
2004 7 MAY	£175,000	£166,253	5% above HPI

1 CHERRY TREE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Conwy local authority area over time, sourced from the HPI. The three 1 CHERRY TREE LANE sales between May 2004 and September 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 June 2013 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 1 CHERRY TREE LANE?

1 CHERRY TREE LANE is 114m², which includes three extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% of detached houses in Colwyn Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Colwyn Bay, and where 1 CHERRY TREE LANE lies on this distribution: 45% of detached houses are smaller than 1 CHERRY TREE LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

1 CHERRY TREE LANE: Plot and Title Map

1 CHERRY TREE LANE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 1 CHERRY TREE 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 1 CHERRY TREE 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 1 CHERRY TREE LANE?

1 CHERRY TREE LANE is located in COLWYN BAY, in the LL28 postcode district. The below map shows the position of No. 1 on CHERRY TREE LANE.