GREENWAYS, CHERRY TREE LANE, COLWYN BAY, LL28 5YH - £224,350

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GREENWAYS is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £224,350 in June 2018, which was around 1% above the average June 2018 detached price in the Conwy local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

GREENWAYS Sold Prices

Land registry data shows two sales for GREENWAYS 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. One of the two GREENWAYS sales was for above the average price, whilst the other was 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
2018 26 JUN	£224,350	£222,637	1% above HPI
2008 5 DEC	£170,145	£179,626	5% below HPI

GREENWAYS 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 GREENWAYS sales from December 2008 and June 2018 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 December 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2018 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is GREENWAYS?

GREENWAYS is 94m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% 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 GREENWAYS lies on this distribution: 26% of detached houses are smaller than GREENWAYS, and 74% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of GREENWAYS, 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 GREENWAYS). 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 GREENWAYS?

GREENWAYS is located on CHERRY TREE LANE in COLWYN BAY, in the LL28 postcode district. The below map shows the position of GREENWAYS on CHERRY TREE LANE.