3, GERLLAN, TYWYN, LL36 9DE - £238,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 GERLLAN is a small extended detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £230,832. It was last sold for £238,000 in September 2022, which was around 23% below the average September 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

3 GERLLAN Sold Prices

Land registry data shows three sales for 3 GERLLAN 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. Two of the three 3 GERLLAN sales were for below the average price, whilst one was 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
2022 12 SEP	£238,000	£310,910	23% below HPI
2000 15 MAR	£70,000	£75,976	8% below HPI
1996 10 MAY	£62,500	£56,057	11% above HPI

3 GERLLAN 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 GERLLAN sales between May 1996 and September 2022 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 March 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 GERLLAN be worth now?

3 GERLLAN might now be worth an estimated £230,832.

This is based on house price deflation of 3%, between September 2022 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 3% deflationary decrease is applied to the most recent sale price for 3 GERLLAN of £238,000 on 12th September 2022. For the value to have decreased from £238,000 to £230,832 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 GERLLAN has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The September 2022 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GERLLAN has not materially changed since September 2022.

How Large is 3 GERLLAN?

3 GERLLAN is 78m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses houses in Tywyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tywyn, and where 3 GERLLAN lies on this distribution: 25% of detached houses houses are smaller than 3 GERLLAN, and 75% of houses are larger. Note that EPC data is not available for all properties in Tywyn.

3 GERLLAN: Plot and Title Map

3 GERLLAN sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 GERLLAN, 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 GERLLAN). 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 GERLLAN?

3 GERLLAN is located in TYWYN, in the LL36 postcode district. The below map shows the position of No. 3 on GERLLAN.