4, PARC MENAI, LLANFAIRFECHAN, LL33 0AY - £195,000

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

4 PARC MENAI is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £195,000 in December 2019, which was around 20% below the average December 2019 detached price in the Conwy local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

4 PARC MENAI Sold Prices

Land registry data shows two sales for 4 PARC MENAI 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. Both of the two 4 PARC MENAI 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
2019 9 DEC	£195,000	£244,388	20% below HPI
2001 10 MAY	£65,000	£84,972	24% below HPI

4 PARC MENAI 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 4 PARC MENAI sales from May 2001 and December 2019 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 May 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 PARC MENAI?

4 PARC MENAI is 73m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses in Llanfairfechan, based on EPC data. The below chart shows the distribution of detached houses by size in Llanfairfechan, and where 4 PARC MENAI lies on this distribution: 17% of detached houses are smaller than 4 PARC MENAI, and 83% of houses are larger. Note that EPC data is not available for all properties in Llanfairfechan.

4 PARC MENAI: Plot and Title Map

4 PARC MENAI sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 4 PARC MENAI, 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 4 PARC MENAI). 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 4 PARC MENAI?

4 PARC MENAI is located in LLANFAIRFECHAN, in the LL33 postcode district. The below map shows the position of No. 4 on PARC MENAI.