22, FFORDD MEIRION, FAIRBOURNE, LL38 2QY - £90,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 FFORDD MEIRION is a small detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £122,005. It was last sold for £90,000 in January 2018, which was around 60% below the average January 2018 detached price in the Gwynedd local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was B.

22 FFORDD MEIRION Sold Prices

Land registry data shows two sales for 22 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 22 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
2018 26 JAN	£90,000	£222,442	60% below HPI
2012 17 AUG	£100,000	£202,932	51% below HPI

22 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 22 FFORDD MEIRION sales from August 2012 and January 2018 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 2012 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the January 2018 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 22 FFORDD MEIRION be worth now?

22 FFORDD MEIRION might now be worth an estimated £122,005.

This is based on house price inflation of 35.6%, between January 2018 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 35.6% inflationary increase is applied to the most recent sale price for 22 FFORDD MEIRION of £90,000 on 26th January 2018. For the value to have increased from £90,000 to £122,005 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 22 FFORDD MEIRION has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The January 2018 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 22 FFORDD MEIRION has not materially changed since January 2018.

How Large is 22 FFORDD MEIRION?

22 FFORDD MEIRION is 65m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 40% of detached houses houses in Fairbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fairbourne, and where 22 FFORDD MEIRION lies on this distribution: 38% of detached houses houses are smaller than 22 FFORDD MEIRION, and 61% of houses are larger. Note that EPC data is not available for all properties in Fairbourne.

22 FFORDD MEIRION: Plot and Title Map

22 FFORDD MEIRION sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 22 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 22 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 22 FFORDD MEIRION?

22 FFORDD MEIRION is located in FAIRBOURNE, in the LL38 postcode district. The below map shows the position of No. 22 on FFORDD MEIRION.