ARGOED, KINGS DRIVE, COLWYN BAY, LL29 6AN - £247,500

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.

ARGOED is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £426,402. It was last sold for £247,500 in April 2012, which was around 40% above the average April 2012 detached price in the Conwy local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

ARGOED Sold Prices

Land registry data shows two sales for ARGOED 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 ARGOED 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 13 APR	£247,500	£176,772	40% above HPI
1997 30 JUN	£80,000	£65,040	23% above HPI

ARGOED 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 ARGOED sales from June 1997 and April 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 June 1997 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2012 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might ARGOED be worth now?

ARGOED might now be worth an estimated £426,402.

This is based on house price inflation of 72.3%, between April 2012 and February 2025, for 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 72.3% inflationary increase is applied to the most recent sale price for ARGOED of £247,500 on 13th April 2012. For the value to have increased from £247,500 to £426,402 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of ARGOED has moved in line with the HPI for detached houses in the Conwy local authority area.
• The April 2012 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of ARGOED has not materially changed since April 2012.

How Large is ARGOED?

ARGOED is 69m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses houses in Colwyn Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colwyn Bay, and where ARGOED lies on this distribution: 7% of detached houses houses are smaller than ARGOED, and 93% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

ARGOED: Plot and Title Map

ARGOED sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of ARGOED, 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 ARGOED). 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 ARGOED?

ARGOED is located on KINGS DRIVE in COLWYN BAY, in the LL29 postcode district. The below map shows the position of ARGOED on KINGS DRIVE.