10, TREMORFA CLOSE, FAIRBOURNE, LL38 2PQ - £105,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 TREMORFA CLOSE is a small semi-detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £102,761. It was last sold for £105,000 in October 2022, which was around 49% below the average October 2022 semi-detached price in the Gwynedd local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

10 TREMORFA CLOSE Sold Prices

Land registry data shows three sales for 10 TREMORFA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gwynedd local authority area for the corresponding sale date. Two of the three 10 TREMORFA CLOSE 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
2022 19 OCT	£105,000	£205,521	49% below HPI
2020 17 JAN	£85,000	£157,974	46% below HPI
1999 3 DEC	£49,000	£45,443	8% above HPI

10 TREMORFA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gwynedd local authority area over time, sourced from the HPI. The three 10 TREMORFA CLOSE sales between December 1999 and October 2022 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 January 2020 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2022 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 10 TREMORFA CLOSE be worth now?

10 TREMORFA CLOSE might now be worth an estimated £102,761.

This is based on house price deflation of 2.1%, between October 2022 and February 2025, for semi-detached houses, in the Gwynedd local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% deflationary decrease is applied to the most recent sale price for 10 TREMORFA CLOSE of £105,000 on 19th October 2022. For the value to have decreased from £105,000 to £102,761 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 10 TREMORFA CLOSE has moved in line with the HPI for semi-detached houses in the Gwynedd local authority area.
• The October 2022 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 10 TREMORFA CLOSE has not materially changed since October 2022.

How Large is 10 TREMORFA CLOSE?

10 TREMORFA CLOSE is 62m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of semi-detached houses houses in Fairbourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fairbourne, and where 10 TREMORFA CLOSE lies on this distribution: 27% of semi-detached houses houses are smaller than 10 TREMORFA CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Fairbourne.

10 TREMORFA CLOSE: Plot and Title Map

10 TREMORFA CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 10 TREMORFA CLOSE, 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 10 TREMORFA CLOSE). 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 10 TREMORFA CLOSE?

10 TREMORFA CLOSE is located in FAIRBOURNE, in the LL38 postcode district. The below map shows the position of No. 10 on TREMORFA CLOSE.