VARE, ABERGELE ROAD, LLANDDULAS, ABERGELE, LL22 8EN - £270,000

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.

VARE is a large extended detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £267,796. It was last sold for £270,000 in February 2023, which was around 12% below the average February 2023 detached price in the Conwy local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was A.

VARE Sold Prices

Land registry data shows five sales for VARE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Conwy local authority area for the corresponding sale date. All of the five VARE 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
2023 22 FEB	£270,000	£307,055	12% below HPI
2019 12 AUG	£195,000	£235,366	17% below HPI
2007 2 MAR	£189,000	£201,881	6% below HPI
2003 31 OCT	£135,000	£142,907	6% below HPI
2002 9 SEP	£86,000	£112,159	23% below HPI

VARE 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 five VARE sales between September 2002 and February 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 August 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might VARE be worth now?

VARE might now be worth an estimated £267,796.

This is based on house price deflation of 0.8%, between February 2023 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 0.8% deflationary decrease is applied to the most recent sale price for VARE of £270,000 on 22nd February 2023. For the value to have decreased from £270,000 to £267,796 over the two years to February 2025, the following assumptions must hold true:

• The value of VARE has moved in line with the HPI for detached houses in the Conwy local authority area.
• The February 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of VARE has not materially changed since February 2023.

How Large is VARE?

VARE is 117m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 40% of detached houses houses in Llanddulas, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanddulas, and where VARE lies on this distribution: 61% of detached houses houses are smaller than VARE, and 38% of houses are larger. Note that EPC data is not available for all properties in Llanddulas.

VARE: Plot and Title Map

VARE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of VARE, 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 VARE). 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 VARE?

VARE is located on ABERGELE ROAD in LLANDDULAS, in the LL22 postcode district. The below map shows the position of VARE on ABERGELE ROAD.