2, HAFOD LON, RHIWLAS, BANGOR, LL57 4GD - £195,000

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 HAFOD LON is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £195,000 in May 2023, which was around 32% below the average May 2023 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

2 HAFOD LON Sold Prices

Land registry data shows four sales for 2 HAFOD LON 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. All of the four 2 HAFOD LON 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
2023 22 MAY	£195,000	£285,013	32% below HPI
2017 25 AUG	£137,500	£215,980	36% below HPI
2014 23 OCT	£139,000	£203,490	32% below HPI
1997 25 JUL	£43,500	£62,199	30% below HPI

2 HAFOD LON 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 2 HAFOD LON sales between July 1997 and May 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 August 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 HAFOD LON?

2 HAFOD LON is 62m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Rhiwlas, based on EPC data. The below chart shows the distribution of detached houses by size in Rhiwlas, and where 2 HAFOD LON lies on this distribution: Less than 1% of detached houses are smaller than 2 HAFOD LON, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Rhiwlas.

2 HAFOD LON: Plot and Title Map

2 HAFOD LON sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 2 HAFOD LON, 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 HAFOD LON). 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 HAFOD LON?

2 HAFOD LON is located in RHIWLAS, in the LL57 postcode district. The below map shows the position of No. 2 on HAFOD LON.