2, IOLA DRIVE, OLD COLWYN, COLWYN BAY, LL29 9DN - £312,000

2 IOLA DRIVE is a midsized extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £312,000 in July 2023, which was around 1% above the average July 2023 detached price in the Conwy local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was D.

2 IOLA DRIVE Sold Prices

Land registry data shows two sales for 2 IOLA DRIVE 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. One of the two 2 IOLA DRIVE sales was for above the average price, whilst the other was 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 21 JUL	£312,000	£309,919	1% above HPI
2004 12 AUG	£165,000	£172,766	4% below HPI

2 IOLA DRIVE 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 2 IOLA DRIVE sales from August 2004 and July 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 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 IOLA DRIVE?

2 IOLA DRIVE is 131m², which includes one extension, according to the EPC inspection conducted in October 2022. 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 2 IOLA DRIVE lies on this distribution: 58% of detached houses are smaller than 2 IOLA DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Colwyn Bay.

2 IOLA DRIVE: Plot and Title Map

2 IOLA DRIVE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 2 IOLA DRIVE, 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 2 IOLA DRIVE). 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 2 IOLA DRIVE?

2 IOLA DRIVE is located in OLD COLWYN, in the LL29 postcode district. The below map shows the position of No. 2 on IOLA DRIVE.