8, PEN LAN, TOWYN, ABERGELE, LL22 9LW - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PEN LAN is a large extended semi-detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £184,555. It was last sold for £175,000 in June 2023, which was around 12% below the average June 2023 semi-detached price in the Conwy local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

8 PEN LAN Sold Prices

Land registry data shows three sales for 8 PEN LAN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Conwy local authority area for the corresponding sale date. All of the three 8 PEN LAN 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 23 JUN	£175,000	£199,512	12% below HPI
2018 2 AUG	£134,950	£151,875	11% below HPI
2003 21 NOV	£95,000	£96,914	2% below HPI

8 PEN LAN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Conwy local authority area over time, sourced from the HPI. The three 8 PEN LAN sales between November 2003 and June 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 August 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 PEN LAN be worth now?

8 PEN LAN might now be worth an estimated £184,555.

This is based on house price inflation of 5.5%, between June 2023 and February 2025, for semi-detached houses, in the Conwy local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for 8 PEN LAN of £175,000 on 23rd June 2023. For the value to have increased from £175,000 to £184,555 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 8 PEN LAN has moved in line with the HPI for semi-detached houses in the Conwy local authority area.
• The June 2023 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PEN LAN has not materially changed since June 2023.

How Large is 8 PEN LAN?

8 PEN LAN is 102m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of semi-detached houses houses in Towyn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Towyn, and where 8 PEN LAN lies on this distribution: 66% of semi-detached houses houses are smaller than 8 PEN LAN, and 33% of houses are larger. Note that EPC data is not available for all properties in Towyn.

8 PEN LAN: Plot and Title Map

8 PEN LAN sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 8 PEN LAN, 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 8 PEN LAN). 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 8 PEN LAN?

8 PEN LAN is located in TOWYN, in the LL22 postcode district. The below map shows the position of No. 8 on PEN LAN.