2, FFORDD MEIRION, FAIRBOURNE, LL38 2QY - £86,000

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

2 FFORDD MEIRION is a very large extended detached house of 191m², built sometime between 1930 and 1949. It was last sold for £86,000 in September 2020, which was around 65% below the average September 2020 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2016, where the current energy rating was G, and the potential energy rating was D.

2 FFORDD MEIRION Sold Prices

Land registry data shows two sales for 2 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 2 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
2020 25 SEP	£86,000	£242,938	65% below HPI
1997 31 JAN	£48,000	£62,768	24% below HPI

2 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 2 FFORDD MEIRION sales from January 1997 and September 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 January 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2020 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 2 FFORDD MEIRION?

2 FFORDD MEIRION is 191m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 10% of detached houses in Fairbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Fairbourne, and where 2 FFORDD MEIRION lies on this distribution: 98% of detached houses are smaller than 2 FFORDD MEIRION, and 2% of houses are larger. Note that EPC data is not available for all properties in Fairbourne.

2 FFORDD MEIRION: Plot and Title Map

2 FFORDD MEIRION sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of 2 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 2 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 2 FFORDD MEIRION?

2 FFORDD MEIRION is located in FAIRBOURNE, in the LL38 postcode district. The below map shows the position of No. 2 on FFORDD MEIRION.