MON REVE, BROOK AVENUE, TOWYN, ABERGELE, LL22 9ND - £170,000

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.

MON REVE is a small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £235,844. It was last sold for £170,000 in November 2018, which was around 23% below the average November 2018 detached price in the Conwy local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

MON REVE Sold Prices

Land registry data shows two sales for MON REVE 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 MON REVE 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
2018 23 NOV	£170,000	£221,677	23% below HPI
2016 11 MAR	£110,000	£197,297	44% below HPI

MON REVE 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 MON REVE sales from March 2016 and November 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 March 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might MON REVE be worth now?

MON REVE might now be worth an estimated £235,844.

This is based on house price inflation of 38.7%, between November 2018 and March 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 38.7% inflationary increase is applied to the most recent sale price for MON REVE of £170,000 on 23rd November 2018. For the value to have increased from £170,000 to £235,844 over the seven years and eight months to March 2025, the following assumptions must hold true:

• The value of MON REVE has moved in line with the HPI for detached houses in the Conwy local authority area.
• The November 2018 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of MON REVE has not materially changed since November 2018.

How Large is MON REVE?

MON REVE is 76m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses houses in Towyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Towyn, and where MON REVE lies on this distribution: 36% of detached houses houses are smaller than MON REVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Towyn.

MON REVE: Plot and Title Map

MON REVE sits on a plot of roughly 0.328 of an acre, or 1,329m². The below map shows the location of MON REVE, 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 MON REVE). 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 MON REVE?

MON REVE is located on BROOK AVENUE in TOWYN, in the LL22 postcode district. The below map shows the position of MON REVE on BROOK AVENUE.