3, TALGAE, TREGARTH, BANGOR, LL57 4AF - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 TALGAE is a very small extended detached house of 61m², built sometime before 1900. It was last sold for £195,000 in February 2022, which was around 34% below the average February 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2021, where the current energy rating was F, and the potential energy rating was B.

3 TALGAE Sold Prices

Land registry data shows two sales for 3 TALGAE 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 TALGAE 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
2022 25 FEB	£195,000	£294,814	34% below HPI
1999 19 FEB	£51,500	£68,679	25% below HPI

3 TALGAE 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 TALGAE sales from February 1999 and February 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 February 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 TALGAE?

3 TALGAE is 61m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Tregarth, based on EPC data. The below chart shows the distribution of detached houses by size in Tregarth, and where 3 TALGAE lies on this distribution: 2% of detached houses are smaller than 3 TALGAE, and 98% of houses are larger. Note that EPC data is not available for all properties in Tregarth.

3 TALGAE: Plot and Title Map

3 TALGAE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 3 TALGAE, 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 TALGAE). 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 TALGAE?

3 TALGAE is located in TREGARTH, in the LL57 postcode district. The below map shows the position of 3 TALGAE in TREGARTH.