Average Denbighshire house price in January was £161,890, Land Registry figures show​

​But the ​drop ​does not reverse the longer-term trend, which has seen property prices in the area ​achieve 6.3% annual growth​.

The average Denbighshire house price in January was £161,890, Land Registry figures show​ – a 0.6% decrease on December.

Over the month, the picture was ​better than that across Wales, where prices ​decreased 2.9%​, and Denbighshire outperformed the 1.1% drop for the UK as a whole.

Over the last year, the average sale price of property in Denbighshire ​​rose by £9,600 – putting the ​area third among Wales’s 22 local authorities for annual growth.

​The best annual growth in the region was in Neath Port Talbot, where properties increased on average by 8.8%, to £123,000. ​At the other end of the scale, properties in Ceredigion dropped 4.7% in value, giving an average price of £178,000.

Winners and Losers

Owners of detached houses fared worst in Denbighshire in January – they dropped 1.0% in price, to £203,186 on average​. But over the last year, prices rose by 5.6%.

Among other types of property:

Semi-detached: down 0.3% monthly; up 7.3% annually; £145,953 average

Terraced: down 0.2% monthly; up 7.2% annually; £115,194 average​

First steps on the property ladder

First-time buyers in Denbighshire spent an average of £​144,700 on their property – ​£8,800 more than a year ago, ​and ​£23,300 more than in January 2015.

By comparison, former owner-occupiers paid £​178,400 on average in January​ – 23.3% more than first-time buyers.​

How do property prices in Denbighshire compare?​

Buyers paid roughly the same as the average price in Wales (£162,000) in January for a property in Denbighshire. Across Wales, property prices are low compared to those across the UK, where the average cost £231,000.

The most expensive properties in Wales were in Monmouthshire – £276,000 on average, and 1.7 times as much as in Denbighshire. Monmouthshire properties cost 3.1 times as much as homes in Blaenau Gwent (£88,000 average), at the other end of the scale.

The highest property prices across the UK were in Kensington and Chelsea, where the average January sale price of £1.2 million could buy 14 properties in Burnley (average £86,000).

Average property price in January

Denbighshire: £161,890

Wales: £161,719

UK: £231,185

Annual growth to January

Denbighshire: +6.3%

Wales: +2.0%

UK: +1.3%

Best and worst annual growth in Wales

Neath Port Talbot: +8.8%

Ceredigion: -4.7%