LANE HOUSE, OLD HIGHWAY, COLWYN BAY, LL28 5UY - £398,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LANE HOUSE is a very large extended detached house of 229m², built sometime between 1996 and 2002. It was last sold for £398,000 in August 2003, which was around 184% above the average August 2003 detached price in the Conwy local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was C.

LANE HOUSE Sold Prices

Land registry data shows two sales for LANE HOUSE 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 LANE HOUSE 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
2003 15 AUG	£398,000	£140,187	184% above HPI
2002 24 MAY	£351,000	£99,215	254% above HPI

LANE HOUSE 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 LANE HOUSE sales from May 2002 and August 2003 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 May 2002 sale was for 254% above the HPI. So the extrapolation line tracks at 254% above the HPI over time, until the August 2003 sale, where it falls to 184% above the HPI. The line then continues to track at 184% above the HPI.

How Large is LANE HOUSE?

LANE HOUSE is 229m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 10% 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 LANE HOUSE lies on this distribution: 92% of detached houses are smaller than LANE HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

LANE HOUSE: Plot and Title Map

LANE HOUSE sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of LANE HOUSE, 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 LANE HOUSE). 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 LANE HOUSE?

LANE HOUSE is located on OLD HIGHWAY in COLWYN BAY, in the LL28 postcode district. The below map shows the position of LANE HOUSE on OLD HIGHWAY.