TY PEN, MINERS LANE, OLD COLWYN, COLWYN BAY, LL29 9HG - £355,000

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

TY PEN is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £355,000 in August 2023, which was around 15% above the average August 2023 detached price in the Conwy local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

TY PEN Sold Prices

Land registry data shows three sales for TY PEN 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 TY PEN 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
2023 25 AUG	£355,000	£310,023	15% above HPI
2001 25 OCT	£120,000	£94,789	27% above HPI
1996 7 MAR	£107,000	£60,535	77% above HPI

TY PEN 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 TY PEN sales between March 1996 and August 2023 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 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is TY PEN?

TY PEN is 85m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in Colwyn Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Colwyn Bay, and where TY PEN lies on this distribution: 18% of detached houses are smaller than TY PEN, and 81% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

TY PEN: Plot and Title Map

TY PEN sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of TY PEN, 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 TY PEN). 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 TY PEN?

TY PEN is located on MINERS LANE in OLD COLWYN, in the LL29 postcode district. The below map shows the position of TY PEN on MINERS LANE.