2, MADRYN TERRACE, LLANBEDROG, PWLLHELI, LL53 7PF - £160,000

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 MADRYN TERRACE is a very small detached house of 58m², built sometime before 1900. It was last sold for £160,000 in March 2020, which was around 31% below the average March 2020 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was B.

2 MADRYN TERRACE Sold Prices

Land registry data shows three sales for 2 MADRYN TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. All of the three 2 MADRYN TERRACE 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 20 MAR	£160,000	£231,463	31% below HPI
2001 26 OCT	£51,500	£86,303	40% below HPI
2000 28 JUL	£47,000	£74,784	37% below HPI

2 MADRYN TERRACE 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 three 2 MADRYN TERRACE sales between July 2000 and March 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 October 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 MADRYN TERRACE?

2 MADRYN TERRACE is 58m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Llanbedrog, based on EPC data. The below chart shows the distribution of detached houses by size in Llanbedrog, and where 2 MADRYN TERRACE lies on this distribution: 1% of detached houses are smaller than 2 MADRYN TERRACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Llanbedrog.

2 MADRYN TERRACE: Plot and Title Map

2 MADRYN TERRACE sits on a plot of roughly 0.011 of an acre, or 43m². The below map shows the location of 2 MADRYN TERRACE, 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 MADRYN TERRACE). 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 MADRYN TERRACE?

2 MADRYN TERRACE is located in LLANBEDROG, in the LL53 postcode district. The below map shows the position of No. 2 on MADRYN TERRACE.