16, FFORDD MEIRION, FAIRBOURNE, LL38 2QY - £143,750

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.

16 FFORDD MEIRION is a small detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £223,159. It was last sold for £143,750 in November 2009, which was around 26% below the average November 2009 detached price in the Gwynedd local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

16 FFORDD MEIRION Sold Prices

Land registry data shows two sales for 16 FFORDD MEIRION since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. Both of the two 16 FFORDD MEIRION 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
2009 3 NOV	£143,750	£194,244	26% below HPI
2000 8 MAR	£48,000	£75,976	37% below HPI

16 FFORDD MEIRION 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 two 16 FFORDD MEIRION sales from March 2000 and November 2009 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 March 2000 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2009 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 16 FFORDD MEIRION be worth now?

16 FFORDD MEIRION might now be worth an estimated £223,159.

This is based on house price inflation of 55.2%, between November 2009 and February 2025, 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 55.2% inflationary increase is applied to the most recent sale price for 16 FFORDD MEIRION of £143,750 on 3rd November 2009. For the value to have increased from £143,750 to £223,159 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 FFORDD MEIRION has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The November 2009 sale price of £143,750 represented a fair market value for the property.
• The size, condition, and specification of 16 FFORDD MEIRION has not materially changed since November 2009.

How Large is 16 FFORDD MEIRION?

16 FFORDD MEIRION is 62m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 30% of detached houses houses in Fairbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fairbourne, and where 16 FFORDD MEIRION lies on this distribution: 27% of detached houses houses are smaller than 16 FFORDD MEIRION, and 67% of houses are larger. Note that EPC data is not available for all properties in Fairbourne.

16 FFORDD MEIRION: Plot and Title Map

16 FFORDD MEIRION sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 16 FFORDD MEIRION, 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 16 FFORDD MEIRION). 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 16 FFORDD MEIRION?

16 FFORDD MEIRION is located in FAIRBOURNE, in the LL38 postcode district. The below map shows the position of No. 16 on FFORDD MEIRION.