3, MEADOWS WAY, RHOS ON SEA, COLWYN BAY, LL28 4SN - £189,000

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

3 MEADOWS WAY is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £189,000 in July 2020, which was around 16% below the average July 2020 detached price in the Conwy local authority area. The most recent EPC inspection was January 2023, where the current energy rating was B, and the potential energy rating was A.

3 MEADOWS WAY Sold Prices

Land registry data shows three sales for 3 MEADOWS 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. Two of the three 3 MEADOWS WAY sales were for below the average price, whilst one 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
2020 3 JUL	£189,000	£226,141	16% below HPI
2015 20 NOV	£167,000	£207,052	19% below HPI
1996 10 JUN	£63,000	£61,237	3% above HPI

3 MEADOWS 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 3 MEADOWS WAY sales between June 1996 and July 2020 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 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 MEADOWS WAY?

3 MEADOWS WAY is 89m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% 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 3 MEADOWS WAY lies on this distribution: 22% of detached houses are smaller than 3 MEADOWS WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

3 MEADOWS WAY: Plot and Title Map

3 MEADOWS WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 MEADOWS 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 3 MEADOWS 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 3 MEADOWS WAY?

3 MEADOWS WAY is located in RHOS ON SEA, in the LL28 postcode district. The below map shows the position of No. 3 on MEADOWS WAY.