40, CHERRY TREE LANE, COLWYN BAY, LL28 5YH - £425,000

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

40 CHERRY TREE LANE is a small extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £425,000 in March 2023, which was around 38% above the average March 2023 detached price in the Conwy local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

40 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 40 CHERRY TREE 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. Both of the two 40 CHERRY TREE LANE sales were 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 3 MAR	£425,000	£308,027	38% above HPI
2020 24 NOV	£395,000	£262,382	51% above HPI

40 CHERRY TREE 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 40 CHERRY TREE LANE sales from November 2020 and March 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 2020 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the March 2023 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 40 CHERRY TREE LANE?

40 CHERRY TREE LANE is 108m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% 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 40 CHERRY TREE LANE lies on this distribution: 40% of detached houses are smaller than 40 CHERRY TREE LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

40 CHERRY TREE LANE: Plot and Title Map

40 CHERRY TREE LANE sits on a plot of roughly 0.270 of an acre, or 1,091m². The below map shows the location of 40 CHERRY TREE 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 40 CHERRY TREE 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 40 CHERRY TREE LANE?

40 CHERRY TREE LANE is located in COLWYN BAY, in the LL28 postcode district. The below map shows the position of No. 40 on CHERRY TREE LANE.