3, GERDDI MENAI, BANGOR ROAD, CAERNARFON, LL55 1LN - £265,000

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

3 GERDDI MENAI is a small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £265,000 in December 2019, which was around 10% above the average December 2019 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

3 GERDDI MENAI Sold Prices

Land registry data shows three sales for 3 GERDDI MENAI 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 3 GERDDI MENAI sales were for above 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
2019 5 DEC	£265,000	£241,275	10% above HPI
2013 24 JUN	£220,000	£194,885	13% above HPI
1998 1 JUL	£91,500	£65,212	40% above HPI

3 GERDDI MENAI 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 3 GERDDI MENAI sales between July 1998 and December 2019 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 June 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 3 GERDDI MENAI?

3 GERDDI MENAI is 95m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the smallest 30% of detached houses in Caernarfon, based on EPC data. The below chart shows the distribution of detached houses by size in Caernarfon, and where 3 GERDDI MENAI lies on this distribution: 29% of detached houses are smaller than 3 GERDDI MENAI, and 71% of houses are larger. Note that EPC data is not available for all properties in Caernarfon.

3 GERDDI MENAI: Plot and Title Map

3 GERDDI MENAI sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 3 GERDDI MENAI, 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 GERDDI MENAI). 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 GERDDI MENAI?

3 GERDDI MENAI is located on BANGOR ROAD in CAERNARFON, in the LL55 postcode district. The below map shows the position of 3 GERDDI MENAI on BANGOR ROAD.