Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 MAES CADNANT is a midsized extended detached house of 110m², built sometime between 1900 and 1929. It was last sold for £220,000 in August 2023, which was around 27% below the average August 2023 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 1 MAES CADNANT since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. Most of the five 1 MAES CADNANT 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 25 AUG | £220,000 | £303,190 | 27% below HPI |
2023 26 MAY | £170,000 | £285,013 | 40% below HPI |
2015 11 MAR | £140,000 | £194,618 | 28% below HPI |
2001 24 AUG | £74,000 | £87,458 | 15% below HPI |
1997 5 FEB | £65,950 | £63,417 | 4% above HPI |
The below graph shows the average detached house price in the Gwynedd local authority area over time, sourced from the HPI. The five 1 MAES CADNANT sales between February 1997 and August 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 May 2023 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
1 MAES CADNANT is 110m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% of detached houses in Caernarfon, based on EPC data. The below chart shows the distribution of detached houses by size in Caernarfon, and where 1 MAES CADNANT lies on this distribution: 46% of detached houses are smaller than 1 MAES CADNANT, and 52% of houses are larger. Note that EPC data is not available for all properties in Caernarfon.
1 MAES CADNANT sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 1 MAES CADNANT, 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 MAES CADNANT). 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.
1 MAES CADNANT is located in CAERNARFON, in the LL55 postcode district. The below map shows the position of No. 1 on MAES CADNANT.