THE NORGE, GAINGC ROAD, TOWYN, ABERGELE, LL22 9HT - £80,000

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.

THE NORGE is a small extended semi-detached house of 78m², built sometime between 1900 and 1929, which could now be worth an estimated £89,025. It was last sold for £80,000 in September 2021, which was around 58% below the average September 2021 semi-detached price in the Conwy local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

THE NORGE Sold Prices

Land registry data shows three sales for THE NORGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Conwy local authority area for the corresponding sale date. All of the three THE NORGE 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
2021 22 SEP	£80,000	£189,076	58% below HPI
2005 26 JUL	£119,000	£131,693	10% below HPI
2001 24 AUG	£50,000	£59,283	16% below HPI

THE NORGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Conwy local authority area over time, sourced from the HPI. The three THE NORGE sales between August 2001 and September 2021 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 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2021 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might THE NORGE be worth now?

THE NORGE might now be worth an estimated £89,025.

This is based on house price inflation of 11.3%, between September 2021 and February 2025, for semi-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 11.3% inflationary increase is applied to the most recent sale price for THE NORGE of £80,000 on 22nd September 2021. For the value to have increased from £80,000 to £89,025 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of THE NORGE has moved in line with the HPI for semi-detached houses in the Conwy local authority area.
• The September 2021 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of THE NORGE has not materially changed since September 2021.

How Large is THE NORGE?

THE NORGE is 78m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of semi-detached houses houses in Towyn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Towyn, and where THE NORGE lies on this distribution: 37% of semi-detached houses houses are smaller than THE NORGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Towyn.

THE NORGE: Plot and Title Map

THE NORGE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of THE NORGE, 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 THE NORGE). 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 THE NORGE?

THE NORGE is located on GAINGC ROAD in TOWYN, in the LL22 postcode district. The below map shows the position of THE NORGE on GAINGC ROAD.