48, OAK DRIVE, COLWYN BAY, LL29 7YN - £370,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 OAK DRIVE is a very large extended detached house of 467m², built sometime between 1930 and 1949. It was last sold for £370,000 in November 2012, which was around 100% above the average November 2012 detached price in the Conwy local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

48 OAK DRIVE Sold Prices

Land registry data shows two sales for 48 OAK DRIVE 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 48 OAK DRIVE 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
2012 2 NOV	£370,000	£184,907	100% above HPI
2008 15 FEB	£775,000	£202,038	284% above HPI

48 OAK DRIVE 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 48 OAK DRIVE sales from February 2008 and November 2012 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 February 2008 sale was for 284% above the HPI. So the extrapolation line tracks at 284% above the HPI over time, until the November 2012 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is 48 OAK DRIVE?

48 OAK DRIVE is 467m², which includes three extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% 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 48 OAK DRIVE lies on this distribution: More than 99% of detached houses are smaller than 48 OAK DRIVE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

48 OAK DRIVE: Plot and Title Map

48 OAK DRIVE sits on a plot of roughly 1.0 acres, or 4,167m². The below map shows the location of 48 OAK DRIVE, 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 48 OAK DRIVE). 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 48 OAK DRIVE?

48 OAK DRIVE is located in COLWYN BAY, in the LL29 postcode district. The below map shows the position of No. 48 on OAK DRIVE.