TARA, TERRACE WALK, LLANFAIRFECHAN, LL33 0EL - £335,000

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

TARA is a large extended detached house of 129m², built sometime before 1900. It was last sold for £335,000 in April 2018, which was around 49% above the average April 2018 detached price in the Conwy local authority area. The most recent EPC inspection was February 2021, where the current energy rating was G, and the potential energy rating was D.

TARA Sold Prices

Land registry data shows three sales for TARA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Conwy local authority area for the corresponding sale date. All of the three TARA 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
2018 20 APR	£335,000	£224,111	49% above HPI
2001 16 OCT	£176,950	£94,789	87% above HPI
1997 17 FEB	£97,500	£63,496	54% above HPI

TARA 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 three TARA sales between February 1997 and April 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 October 2001 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the April 2018 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is TARA?

TARA is 129m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 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 TARA lies on this distribution: 62% of detached houses are smaller than TARA, and 36% of houses are larger. Note that EPC data is not available for all properties in Llanfairfechan.

TARA: Plot and Title Map

TARA sits on a plot of roughly 0.294 of an acre, or 1,189m². The below map shows the location of TARA, 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 TARA). 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 TARA?

TARA is located on TERRACE WALK in LLANFAIRFECHAN, in the LL33 postcode district. The below map shows the position of TARA on TERRACE WALK.