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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 LON CEREDIGION is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £305,000 in October 2023, which was around 2% 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	£310,679	2% below HPI
2013 28 JUN	£165,000	£194,885	15% below HPI
2005 28 OCT	£220,000	£189,460	16% above HPI
2002 15 FEB	£93,000	£86,295	8% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

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 in Pwllheli, based on EPC data. The below chart shows the distribution of detached houses by size in Pwllheli, and where 16 LON CEREDIGION lies on this distribution: 12% of detached houses are smaller than 16 LON CEREDIGION, and 88% 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 67.4 acres, or 272,728m². 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.