1, CHERRY TREE CLOSE, COLWYN BAY, LL28 5YU - £259,950

1 CHERRY TREE CLOSE is a midsized detached house of 120m², built sometime between 1983 and 1990. It was last sold for £259,950 in May 2022, which was around 13% below the average May 2022 detached price in the Conwy local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

1 CHERRY TREE CLOSE Sold Prices

Land registry data shows three sales for 1 CHERRY TREE CLOSE 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. Two of the three 1 CHERRY TREE CLOSE sales were for below the average price, whilst one was 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
2022 16 MAY	£259,950	£299,364	13% below HPI
1999 28 MAY	£72,000	£73,128	2% below HPI
1997 16 JAN	£88,500	£61,698	43% above HPI

1 CHERRY TREE CLOSE 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 1 CHERRY TREE CLOSE sales between January 1997 and May 2022 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 May 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 CHERRY TREE CLOSE?

1 CHERRY TREE CLOSE is 120m² according to the EPC inspection conducted in November 2020. This puts it in the largest 50% 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 1 CHERRY TREE CLOSE lies on this distribution: 50% of detached houses are smaller than 1 CHERRY TREE CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

1 CHERRY TREE CLOSE: Plot and Title Map

1 CHERRY TREE CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 1 CHERRY TREE CLOSE, 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 1 CHERRY TREE CLOSE). 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 1 CHERRY TREE CLOSE?

1 CHERRY TREE CLOSE is located in COLWYN BAY, in the LL28 postcode district. The below map shows the position of No. 1 on CHERRY TREE CLOSE.