SPRINGBANK, BIRCH HILL, LLANGOLLEN, LL20 8LN - £590,000

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

SPRINGBANK is a very large extended detached house of 270m², built sometime between 1900 and 1929. It was last sold for £590,000 in June 2022, which was around 139% above the average June 2022 detached price in the Denbighshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

SPRINGBANK Sold Prices

Land registry data shows two sales for SPRINGBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Denbighshire local authority area for the corresponding sale date. One of the two SPRINGBANK 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
2022 7 JUN	£590,000	£247,339	139% above HPI
2014 3 OCT	£125,000	£167,866	26% below HPI

SPRINGBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Denbighshire local authority area over time, sourced from the HPI. The two SPRINGBANK sales from October 2014 and June 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 October 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2022 sale, where it rises to 139% above the HPI. The line then continues to track at 139% above the HPI.

How Large is SPRINGBANK?

SPRINGBANK is 270m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses in Llangollen, based on EPC data. The below chart shows the distribution of detached houses by size in Llangollen, and where SPRINGBANK lies on this distribution: 98% of detached houses are smaller than SPRINGBANK, and 2% of houses are larger. Note that EPC data is not available for all properties in Llangollen.

SPRINGBANK: Plot and Title Map

SPRINGBANK sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of SPRINGBANK, 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 SPRINGBANK). 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 SPRINGBANK?

SPRINGBANK is located on BIRCH HILL in LLANGOLLEN, in the LL20 postcode district. The below map shows the position of SPRINGBANK on BIRCH HILL.