2, GWEL Y MYNYDD, LLANBERIS, CAERNARFON, LL55 4GA - £372,000

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.

2 GWEL Y MYNYDD is a very small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £352,256. It was last sold for £372,000 in November 2022, which was around 17% above the average November 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

2 GWEL Y MYNYDD Sold Prices

Land registry data shows two sales for 2 GWEL Y MYNYDD 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. One of the two 2 GWEL Y MYNYDD sales was for above the average price, whilst the other was 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
2022 25 NOV	£372,000	£318,448	17% above HPI
2004 3 NOV	£160,000	£183,813	13% below HPI

2 GWEL Y MYNYDD 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 GWEL Y MYNYDD sales from November 2004 and November 2022 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 November 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 2 GWEL Y MYNYDD be worth now?

2 GWEL Y MYNYDD might now be worth an estimated £352,256.

This is based on house price deflation of 5.3%, between November 2022 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 5.3% deflationary decrease is applied to the most recent sale price for 2 GWEL Y MYNYDD of £372,000 on 25th November 2022. For the value to have decreased from £372,000 to £352,256 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 GWEL Y MYNYDD has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The November 2022 sale price of £372,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GWEL Y MYNYDD has not materially changed since November 2022.

How Large is 2 GWEL Y MYNYDD?

2 GWEL Y MYNYDD is 88m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses houses in Llanberis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanberis, and where 2 GWEL Y MYNYDD lies on this distribution: 17% of detached houses houses are smaller than 2 GWEL Y MYNYDD, and 83% of houses are larger. Note that EPC data is not available for all properties in Llanberis.

2 GWEL Y MYNYDD: Plot and Title Map

2 GWEL Y MYNYDD sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 2 GWEL Y MYNYDD, 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 GWEL Y MYNYDD). 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 GWEL Y MYNYDD?

2 GWEL Y MYNYDD is located in LLANBERIS, in the LL55 postcode district. The below map shows the position of No. 2 on GWEL Y MYNYDD.