2, HIGH LANE, RHOS ON SEA, COLWYN BAY, LL28 4SA - £240,000

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 HIGH LANE is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £240,000 in January 2023, which was around 23% below the average January 2023 detached price in the Conwy local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

2 HIGH LANE Sold Prices

Land registry data shows two sales for 2 HIGH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Conwy local authority area for the corresponding sale date. One of the two 2 HIGH LANE sales was for below the average price, whilst the other was 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
2023 30 JAN	£240,000	£312,917	23% below HPI
1997 28 NOV	£80,000	£68,898	16% above HPI

2 HIGH 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 two 2 HIGH LANE sales from November 1997 and January 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 November 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 HIGH LANE?

2 HIGH LANE is 80m² according to the EPC inspection conducted in September 2022. 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 HIGH LANE lies on this distribution: 14% of detached houses are smaller than 2 HIGH LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

2 HIGH LANE: Plot and Title Map

2 HIGH LANE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 2 HIGH 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 2 HIGH 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 2 HIGH LANE?

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