TARKWA, MOUNTAIN LANE, PENMAENMAWR, LL34 6YP - £585,000

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.

TARKWA is a very large extended detached house of 194m², built sometime between 1976 and 1982, which could now be worth an estimated £700,088. It was last sold for £585,000 in October 2020, which was around 130% above the average October 2020 detached price in the Conwy local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

TARKWA Sold Prices

Land registry data shows two sales for TARKWA 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 TARKWA 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
2020 30 OCT	£585,000	£254,484	130% above HPI
2007 12 JUL	£366,000	£206,331	77% above HPI

TARKWA 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 TARKWA sales from July 2007 and October 2020 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 July 2007 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the October 2020 sale, where it rises to 130% above the HPI. The line then continues to track at 130% above the HPI.

What might TARKWA be worth now?

TARKWA might now be worth an estimated £700,088.

This is based on house price inflation of 19.7%, between October 2020 and February 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 19.7% inflationary increase is applied to the most recent sale price for TARKWA of £585,000 on 30th October 2020. For the value to have increased from £585,000 to £700,088 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of TARKWA has moved in line with the HPI for detached houses in the Conwy local authority area.
• The October 2020 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of TARKWA has not materially changed since October 2020.

How Large is TARKWA?

TARKWA is 194m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses houses in Penmaenmawr, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penmaenmawr, and where TARKWA lies on this distribution: 81% of detached houses houses are smaller than TARKWA, and 19% of houses are larger. Note that EPC data is not available for all properties in Penmaenmawr.

TARKWA: Plot and Title Map

TARKWA sits on a plot of roughly 0.504 of an acre, or 2,038m². The below map shows the location of TARKWA, 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 TARKWA). 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 TARKWA?

TARKWA is located on MOUNTAIN LANE in PENMAENMAWR, in the LL34 postcode district. The below map shows the position of TARKWA on MOUNTAIN LANE.