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 Y MEILLION is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £210,000 in April 2020, which was around 10% below the average April 2020 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 16 LON Y MEILLION since 1st 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 LON Y MEILLION 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 |
---|---|---|---|
2020 2 APR | £210,000 | £233,139 | 10% below HPI |
2016 31 MAR | £187,000 | £213,733 | 13% below HPI |
The below graph shows the average detached house price in the Gwynedd local authority area over time, sourced from the HPI. The two 16 LON Y MEILLION sales from March 2016 and April 2020 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 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
16 LON Y MEILLION is 104m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses in Bangor, based on EPC data. The below chart shows the distribution of detached houses by size in Bangor, and where 16 LON Y MEILLION lies on this distribution: 26% of detached houses are smaller than 16 LON Y MEILLION, and 71% of houses are larger. Note that EPC data is not available for all properties in Bangor.
16 LON Y MEILLION sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 16 LON Y MEILLION, 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 Y MEILLION). 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.
16 LON Y MEILLION is located in BANGOR, in the LL57 postcode district. The below map shows the position of No. 16 on LON Y MEILLION.