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 TREM YR EIFL is a midsized detached house of 118m², built sometime between 1996 and 2002. It was last sold for £295,000 in September 2023, which was around 5% below the average September 2023 detached price in the Gwynedd local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 1 TREM YR EIFL since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. Two of the three 1 TREM YR EIFL 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 |
---|---|---|---|
2023 22 SEP | £295,000 | £312,000 | 5% below HPI |
2014 20 JUN | £169,000 | £194,919 | 13% below HPI |
2002 1 NOV | £124,000 | £107,749 | 15% above HPI |
The below graph shows the average detached house price in the Gwynedd local authority area over time, sourced from the HPI. The three 1 TREM YR EIFL sales between November 2002 and September 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 June 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
1 TREM YR EIFL is 118m² according to the EPC inspection conducted in December 2022. This puts it in the largest 50% of detached houses in Rhostryfan, based on EPC data. The below chart shows the distribution of detached houses by size in Rhostryfan, and where 1 TREM YR EIFL lies on this distribution: 56% of detached houses are smaller than 1 TREM YR EIFL, and 44% of houses are larger. Note that EPC data is not available for all properties in Rhostryfan.
1 TREM YR EIFL sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of 1 TREM YR EIFL, 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 TREM YR EIFL). 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 TREM YR EIFL is located in RHOSTRYFAN, in the LL54 postcode district. The below map shows the position of No. 1 on TREM YR EIFL.