4, MARINE PARADE, BARMOUTH, LL42 1NA - £245,000

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.

4 MARINE PARADE is a very large extended detached house of 379m², built sometime before 1900, which could now be worth an estimated £316,193. It was last sold for £245,000 in July 2020, which was around 5% above the average July 2020 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

4 MARINE PARADE Sold Prices

Land registry data shows three sales for 4 MARINE PARADE 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 4 MARINE PARADE 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
2020 31 JUL	£245,000	£233,651	5% above HPI
2007 4 MAY	£240,000	£210,921	14% above HPI
2002 15 APR	£132,000	£89,383	48% above HPI

4 MARINE PARADE 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 4 MARINE PARADE sales between April 2002 and July 2020 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 May 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 4 MARINE PARADE be worth now?

4 MARINE PARADE might now be worth an estimated £316,193.

This is based on house price inflation of 29.1%, between July 2020 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 29.1% inflationary increase is applied to the most recent sale price for 4 MARINE PARADE of £245,000 on 31st July 2020. For the value to have increased from £245,000 to £316,193 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 4 MARINE PARADE has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The July 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MARINE PARADE has not materially changed since July 2020.

How Large is 4 MARINE PARADE?

4 MARINE PARADE is 379m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses houses in Barmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barmouth, and where 4 MARINE PARADE lies on this distribution: More than 99% of detached houses houses are smaller than 4 MARINE PARADE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Barmouth.

4 MARINE PARADE: Plot and Title Map

4 MARINE PARADE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 4 MARINE PARADE, 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 MARINE PARADE). 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 MARINE PARADE?

4 MARINE PARADE is located in BARMOUTH, in the LL42 postcode district. The below map shows the position of No. 4 on MARINE PARADE.