2, TOWER WAY, ABERGELE, LL22 7AY - £148,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 TOWER WAY is a large detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £261,864. It was last sold for £148,000 in August 2004, which was around 13% below the average August 2004 detached price in the Conwy local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was D.

2 TOWER WAY Sold Prices

Land registry data shows three sales for 2 TOWER WAY 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 2 TOWER WAY 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
2004 10 AUG	£148,000	£170,495	13% below HPI
2002 26 APR	£86,000	£98,830	13% below HPI
1999 4 JUN	£59,950	£75,017	20% below HPI

2 TOWER WAY 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 2 TOWER WAY sales between June 1999 and August 2004 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 April 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2004 sale, which was also at 13% below the HPI.

What might 2 TOWER WAY be worth now?

2 TOWER WAY might now be worth an estimated £261,864.

This is based on house price inflation of 76.9%, between August 2004 and December 2024, 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 76.9% inflationary increase is applied to the most recent sale price for 2 TOWER WAY of £148,000 on 10th August 2004. For the value to have increased from £148,000 to £261,864 over the nineteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 TOWER WAY has moved in line with the HPI for detached houses in the Conwy local authority area.
• The August 2004 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TOWER WAY has not materially changed since August 2004.

How Large is 2 TOWER WAY?

2 TOWER WAY is 123m² according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses houses in Abergele, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abergele, and where 2 TOWER WAY lies on this distribution: 73% of detached houses houses are smaller than 2 TOWER WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Abergele.

2 TOWER WAY: Plot and Title Map

2 TOWER WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 2 TOWER WAY, 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 TOWER WAY). 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 TOWER WAY?

2 TOWER WAY is located in ABERGELE, in the LL22 postcode district. The below map shows the position of No. 2 on TOWER WAY.