BOLERO, MERTON PARK, PENMAENMAWR, LL34 6DL - £173,000

BOLERO is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £173,000 in August 2021, which was around 38% below the average August 2021 detached price in the Conwy local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

BOLERO Sold Prices

Land registry data shows four sales for BOLERO since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Conwy local authority area for the corresponding sale date. All of the four BOLERO 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 13 AUG	£173,000	£277,491	38% below HPI
2017 9 JUN	£140,000	£214,888	35% below HPI
2007 12 APR	£149,950	£202,194	26% below HPI
1997 3 JUN	£44,000	£65,906	33% below HPI

BOLERO 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 four BOLERO sales between June 1997 and August 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 June 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is BOLERO?

BOLERO is 64m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Penmaenmawr, based on EPC data. The below chart shows the distribution of detached houses by size in Penmaenmawr, and where BOLERO lies on this distribution: 3% of detached houses are smaller than BOLERO, and 96% of houses are larger. Note that EPC data is not available for all properties in Penmaenmawr.

BOLERO: Plot and Title Map

BOLERO sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of BOLERO, 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 BOLERO). 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 BOLERO?

BOLERO is located on MERTON PARK in PENMAENMAWR, in the LL34 postcode district. The below map shows the position of BOLERO on MERTON PARK.