EDGEWAY, ABERGELE ROAD, LLANRWST, LL26 0NG - £445,000

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.

EDGEWAY is a large detached house of 139m², built sometime between 1983 and 1990, which could now be worth an estimated £458,379. It was last sold for £445,000 in February 2022, which was around 51% above the average February 2022 detached price in the Conwy local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

EDGEWAY Sold Prices

Land registry data shows four sales for EDGEWAY 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 EDGEWAY 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
2022 3 FEB	£445,000	£295,660	51% above HPI
2017 24 AUG	£325,000	£219,682	48% above HPI
2005 27 JUL	£266,000	£187,695	42% above HPI
2003 23 SEP	£225,000	£141,742	59% above HPI

EDGEWAY 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 EDGEWAY sales between September 2003 and February 2022 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 2017 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2022 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might EDGEWAY be worth now?

EDGEWAY might now be worth an estimated £458,379.

This is based on house price inflation of 3%, between February 2022 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 3% inflationary increase is applied to the most recent sale price for EDGEWAY of £445,000 on 3rd February 2022. For the value to have increased from £445,000 to £458,379 over the three years to February 2025, the following assumptions must hold true:

• The value of EDGEWAY has moved in line with the HPI for detached houses in the Conwy local authority area.
• The February 2022 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of EDGEWAY has not materially changed since February 2022.

How Large is EDGEWAY?

EDGEWAY is 139m² according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses houses in Llanrwst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanrwst, and where EDGEWAY lies on this distribution: 80% of detached houses houses are smaller than EDGEWAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Llanrwst.

EDGEWAY: Plot and Title Map

EDGEWAY sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of EDGEWAY, 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 EDGEWAY). 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 EDGEWAY?

EDGEWAY is located on ABERGELE ROAD in LLANRWST, in the LL26 postcode district. The below map shows the position of EDGEWAY on ABERGELE ROAD.