PEN Y STEP COTTAGE, MILL ROAD, LLANFAIRFECHAN, LL33 0TR - £155,000

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

PEN Y STEP COTTAGE is a small detached house of 90m², built sometime before 1900. It was last sold for £155,000 in August 2009, which was around 15% below the average August 2009 detached price in the Conwy local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

PEN Y STEP COTTAGE Sold Prices

Land registry data shows four sales for PEN Y STEP COTTAGE 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 PEN Y STEP COTTAGE 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
2009 27 AUG	£155,000	£183,171	15% below HPI
2005 21 JUN	£150,000	£187,171	20% below HPI
1996 18 NOV	£12,000	£62,733	81% below HPI
1995 8 SEP	£13,000	£62,134	79% below HPI

PEN Y STEP COTTAGE 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 PEN Y STEP COTTAGE sales between September 1995 and August 2009 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 June 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2009 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is PEN Y STEP COTTAGE?

PEN Y STEP COTTAGE is 90m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Llanfairfechan, based on EPC data. The below chart shows the distribution of detached houses by size in Llanfairfechan, and where PEN Y STEP COTTAGE lies on this distribution: 34% of detached houses are smaller than PEN Y STEP COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Llanfairfechan.

PEN Y STEP COTTAGE: Plot and Title Map

PEN Y STEP COTTAGE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of PEN Y STEP COTTAGE, 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 PEN Y STEP COTTAGE). 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 PEN Y STEP COTTAGE?

PEN Y STEP COTTAGE is located on MILL ROAD in LLANFAIRFECHAN, in the LL33 postcode district. The below map shows the position of PEN Y STEP COTTAGE on MILL ROAD.