40, MALVERN RISE, RHOS ON SEA, COLWYN BAY, LL28 4RX - £245,000

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 MALVERN RISE is a small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £245,000 in November 2023, which was around 21% below the average November 2023 detached price in the Conwy local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

40 MALVERN RISE Sold Prices

Land registry data shows three sales for 40 MALVERN RISE 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 40 MALVERN RISE 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
2023 3 NOV	£245,000	£310,141	21% below HPI
2000 10 OCT	£80,000	£82,292	3% below HPI
1996 10 FEB	£44,000	£60,337	27% below HPI

40 MALVERN RISE 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 40 MALVERN RISE sales between February 1996 and November 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 October 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 40 MALVERN RISE?

40 MALVERN RISE is 93m² 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 40 MALVERN RISE lies on this distribution: 26% of detached houses are smaller than 40 MALVERN RISE, and 74% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

40 MALVERN RISE: Plot and Title Map

40 MALVERN RISE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 40 MALVERN RISE, 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 MALVERN RISE). 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 MALVERN RISE?

40 MALVERN RISE is located in RHOS ON SEA, in the LL28 postcode district. The below map shows the position of No. 40 on MALVERN RISE.