2, DERWEN AVENUE, RHOS ON SEA, COLWYN BAY, LL28 4SP - £225,000

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

2 DERWEN AVENUE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £225,000 in February 2023, which was around 28% below the average February 2023 detached price in the Conwy local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

2 DERWEN AVENUE Sold Prices

Land registry data shows four sales for 2 DERWEN AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Conwy local authority area for the corresponding sale date. All of the four 2 DERWEN AVENUE 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
2023 21 FEB	£225,000	£311,143	28% below HPI
2013 24 OCT	£160,000	£191,254	16% below HPI
2006 26 MAY	£182,500	£190,632	4% below HPI
1998 16 JAN	£58,000	£70,590	18% below HPI

2 DERWEN AVENUE 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 four 2 DERWEN AVENUE sales between January 1998 and February 2023 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 October 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 DERWEN AVENUE?

2 DERWEN AVENUE is 76m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% 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 2 DERWEN AVENUE lies on this distribution: 11% of detached houses are smaller than 2 DERWEN AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

2 DERWEN AVENUE: Plot and Title Map

2 DERWEN AVENUE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 2 DERWEN AVENUE, 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 2 DERWEN AVENUE). 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 2 DERWEN AVENUE?

2 DERWEN AVENUE is located in RHOS ON SEA, in the LL28 postcode district. The below map shows the position of No. 2 on DERWEN AVENUE.