16, LON CEREDIGION, PWLLHELI, LL53 5PP - £305,000

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.

16 LON CEREDIGION is a very small extended detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £289,743. It was last sold for £305,000 in October 2023, which was around 4% below the average October 2023 detached price in the Gwynedd local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

16 LON CEREDIGION Sold Prices

Land registry data shows four sales for 16 LON CEREDIGION since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. two of the four 16 LON CEREDIGION sales were for below the average price, and four were 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 6 OCT	£305,000	£317,425	4% below HPI
2013 28 JUN	£165,000	£199,470	17% below HPI
2005 28 OCT	£220,000	£193,917	13% above HPI
2002 15 FEB	£93,000	£88,325	5% above HPI

16 LON CEREDIGION 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 four 16 LON CEREDIGION sales between February 2002 and October 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 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 16 LON CEREDIGION be worth now?

16 LON CEREDIGION might now be worth an estimated £289,743.

This is based on house price deflation of 5%, between October 2023 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 5% deflationary decrease is applied to the most recent sale price for 16 LON CEREDIGION of £305,000 on 6th October 2023. For the value to have decreased from £305,000 to £289,743 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 LON CEREDIGION has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The October 2023 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LON CEREDIGION has not materially changed since October 2023.

How Large is 16 LON CEREDIGION?

16 LON CEREDIGION is 83m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses houses in Pwllheli, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pwllheli, and where 16 LON CEREDIGION lies on this distribution: 11% of detached houses houses are smaller than 16 LON CEREDIGION, and 89% of houses are larger. Note that EPC data is not available for all properties in Pwllheli.

16 LON CEREDIGION: Plot and Title Map

16 LON CEREDIGION sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 16 LON CEREDIGION, 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 LON CEREDIGION). 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 LON CEREDIGION?

16 LON CEREDIGION is located in PWLLHELI, in the LL53 postcode district. The below map shows the position of No. 16 on LON CEREDIGION.