4, FFORDD CORSEN, FAIRBOURNE, LL38 2EZ - £185,000

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

4 FFORDD CORSEN is a small detached house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £174,872. It was last sold for £185,000 in September 2023, which was around 42% below the average September 2023 detached price in the Gwynedd local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

4 FFORDD CORSEN Sold Prices

Land registry data shows six sales for 4 FFORDD CORSEN since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. All of the six 4 FFORDD CORSEN 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
2023 8 SEP	£185,000	£319,011	42% below HPI
2013 23 OCT	£154,000	£191,838	20% below HPI
2012 30 OCT	£140,000	£206,211	32% below HPI
2006 18 JUL	£162,000	£200,385	19% below HPI
2002 8 APR	£75,000	£89,383	16% below HPI
1995 10 OCT	£47,500	£57,513	17% below HPI

4 FFORDD CORSEN 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 six 4 FFORDD CORSEN sales between October 1995 and September 2023 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 October 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 4 FFORDD CORSEN be worth now?

4 FFORDD CORSEN might now be worth an estimated £174,872.

This is based on house price deflation of 5.5%, between September 2023 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 5.5% deflationary decrease is applied to the most recent sale price for 4 FFORDD CORSEN of £185,000 on 8th September 2023. For the value to have decreased from £185,000 to £174,872 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 FFORDD CORSEN has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The September 2023 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FFORDD CORSEN has not materially changed since September 2023.

How Large is 4 FFORDD CORSEN?

4 FFORDD CORSEN is 62m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% 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 4 FFORDD CORSEN lies on this distribution: 27% of detached houses houses are smaller than 4 FFORDD CORSEN, and 67% of houses are larger. Note that EPC data is not available for all properties in Fairbourne.

4 FFORDD CORSEN: Plot and Title Map

4 FFORDD CORSEN sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 4 FFORDD CORSEN, 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 4 FFORDD CORSEN). 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 4 FFORDD CORSEN?

4 FFORDD CORSEN is located in FAIRBOURNE, in the LL38 postcode district. The below map shows the position of No. 4 on FFORDD CORSEN.