DOLAWEL, CRAIG ROAD, OLD COLWYN, COLWYN BAY, LL29 9HN - £145,000

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.

DOLAWEL is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £227,344. It was last sold for £145,000 in March 2015, which was around 25% below the average March 2015 detached price in the Conwy local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

DOLAWEL Sold Prices

Land registry data shows four sales for DOLAWEL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Conwy local authority area for the corresponding sale date. All of the four DOLAWEL 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
2015 23 MAR	£145,000	£194,241	25% below HPI
2010 1 APR	£139,500	£194,200	28% below HPI
2004 22 MAR	£125,000	£151,355	17% below HPI
2002 28 JUN	£60,000	£100,211	40% below HPI

DOLAWEL 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 four DOLAWEL sales between June 2002 and March 2015 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 April 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might DOLAWEL be worth now?

DOLAWEL might now be worth an estimated £227,344.

This is based on house price inflation of 56.8%, between March 2015 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 56.8% inflationary increase is applied to the most recent sale price for DOLAWEL of £145,000 on 23rd March 2015. For the value to have increased from £145,000 to £227,344 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of DOLAWEL has moved in line with the HPI for detached houses in the Conwy local authority area.
• The March 2015 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of DOLAWEL has not materially changed since March 2015.

How Large is DOLAWEL?

DOLAWEL is 66m² according to the EPC inspection conducted in October 2014. 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 DOLAWEL lies on this distribution: 4% of detached houses houses are smaller than DOLAWEL, and 95% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

DOLAWEL: Plot and Title Map

DOLAWEL sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of DOLAWEL, 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 DOLAWEL). 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 DOLAWEL?

DOLAWEL is located on CRAIG ROAD in OLD COLWYN, in the LL29 postcode district. The below map shows the position of DOLAWEL on CRAIG ROAD.