3, CHAPEL BUILDINGS, SOUTH STREET, DOLGELLAU, LL40 1NE - £110,000

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

3 CHAPEL BUILDINGS is a midsized detached house of 104m², built sometime before 1900, which could now be worth an estimated £114,923. It was last sold for £110,000 in November 2021, which was around 61% below the average November 2021 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.

3 CHAPEL BUILDINGS Sold Prices

Land registry data shows two sales for 3 CHAPEL BUILDINGS 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 3 CHAPEL BUILDINGS 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
2021 22 NOV	£110,000	£283,388	61% below HPI
2001 21 DEC	£45,000	£86,799	48% below HPI

3 CHAPEL BUILDINGS 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 3 CHAPEL BUILDINGS sales from December 2001 and November 2021 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 December 2001 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2021 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

What might 3 CHAPEL BUILDINGS be worth now?

3 CHAPEL BUILDINGS might now be worth an estimated £114,923.

This is based on house price inflation of 4.5%, between November 2021 and December 2024, 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 4.5% inflationary increase is applied to the most recent sale price for 3 CHAPEL BUILDINGS of £110,000 on 22nd November 2021. For the value to have increased from £110,000 to £114,923 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 CHAPEL BUILDINGS has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The November 2021 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHAPEL BUILDINGS has not materially changed since November 2021.

How Large is 3 CHAPEL BUILDINGS?

3 CHAPEL BUILDINGS is 104m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% of detached houses houses in Dolgellau, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dolgellau, and where 3 CHAPEL BUILDINGS lies on this distribution: 42% of detached houses houses are smaller than 3 CHAPEL BUILDINGS, and 57% of houses are larger. Note that EPC data is not available for all properties in Dolgellau.

3 CHAPEL BUILDINGS: Plot and Title Map

3 CHAPEL BUILDINGS sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 3 CHAPEL BUILDINGS, 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 3 CHAPEL BUILDINGS). 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 3 CHAPEL BUILDINGS?

3 CHAPEL BUILDINGS is located on SOUTH STREET in DOLGELLAU, in the LL40 postcode district. The below map shows the position of 3 CHAPEL BUILDINGS on SOUTH STREET.