15, LLYS GERAINT, BANGOR, LL57 1SE - £135,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 LLYS GERAINT is a very small extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £131,929. It was last sold for £135,000 in February 2023, which was around 55% below the average February 2023 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

15 LLYS GERAINT Sold Prices

Land registry data shows three sales for 15 LLYS GERAINT since 1^st 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. All of the three 15 LLYS GERAINT 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 3 FEB	£135,000	£302,965	55% below HPI
2016 4 JAN	£107,000	£212,720	50% below HPI
2011 10 MAY	£70,000	£201,347	65% below HPI

15 LLYS GERAINT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gwynedd local authority area over time, sourced from the HPI. The three 15 LLYS GERAINT sales between May 2011 and February 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 January 2016 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2023 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 15 LLYS GERAINT be worth now?

15 LLYS GERAINT might now be worth an estimated £131,929.

This is based on house price deflation of 2.3%, between February 2023 and December 2024, for 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 2.3% deflationary decrease is applied to the most recent sale price for 15 LLYS GERAINT of £135,000 on 3rd February 2023. For the value to have decreased from £135,000 to £131,929 over the two months to December 2024, the following assumptions must hold true:

• The value of 15 LLYS GERAINT has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The February 2023 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LLYS GERAINT has not materially changed since February 2023.

How Large is 15 LLYS GERAINT?

15 LLYS GERAINT is 81m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses houses in Bangor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bangor, and where 15 LLYS GERAINT lies on this distribution: 8% of detached houses houses are smaller than 15 LLYS GERAINT, and 91% of houses are larger. Note that EPC data is not available for all properties in Bangor.

15 LLYS GERAINT: Plot and Title Map

15 LLYS GERAINT sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 15 LLYS GERAINT, 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 15 LLYS GERAINT). 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 15 LLYS GERAINT?

15 LLYS GERAINT is located in BANGOR, in the LL57 postcode district. The below map shows the position of No. 15 on LLYS GERAINT.