12, THE CLOSE, LLANFAIRFECHAN, LL33 0AG - £490,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 THE CLOSE is a midsized detached house of 113m², built sometime between 1900 and 1929, which could now be worth an estimated £481,074. It was last sold for £490,000 in October 2024, which was around 58% above the average October 2024 detached price in the Conwy local authority area. The most recent EPC inspection was September 2016, where the current energy rating was F, and the potential energy rating was A.

12 THE CLOSE Sold Prices

Land registry data shows three sales for 12 THE CLOSE 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. All of the three 12 THE CLOSE sales 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
2024 31 OCT	£490,000	£310,200	58% above HPI
2017 4 AUG	£355,000	£219,682	62% above HPI
2007 16 NOV	£325,000	£205,343	58% above HPI

12 THE CLOSE 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 12 THE CLOSE sales between November 2007 and October 2024 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 August 2017 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the October 2024 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 12 THE CLOSE be worth now?

12 THE CLOSE might now be worth an estimated £481,074.

This is based on house price deflation of 1.8%, between October 2024 and February 2025, for detached houses, in the Conwy local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% deflationary decrease is applied to the most recent sale price for 12 THE CLOSE of £490,000 on 31st October 2024. For the value to have decreased from £490,000 to £481,074 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 12 THE CLOSE has moved in line with the HPI for detached houses in the Conwy local authority area.
• The October 2024 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE CLOSE has not materially changed since October 2024.

How Large is 12 THE CLOSE?

12 THE CLOSE is 113m² according to the EPC inspection conducted in September 2016. This puts it in the largest 50% of detached houses houses in Llanfairfechan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanfairfechan, and where 12 THE CLOSE lies on this distribution: 55% of detached houses houses are smaller than 12 THE CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Llanfairfechan.

12 THE CLOSE: Plot and Title Map

12 THE CLOSE sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 12 THE CLOSE, 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 12 THE CLOSE). 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 12 THE CLOSE?

12 THE CLOSE is located in LLANFAIRFECHAN, in the LL33 postcode district. The below map shows the position of No. 12 on THE CLOSE.