53, FFORDD MELA, PWLLHELI, LL53 5AR - £265,000

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.

53 FFORDD MELA is a midsized extended detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £292,657. It was last sold for £265,000 in June 2021, which was around 3% below the average June 2021 detached price in the Gwynedd local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

53 FFORDD MELA Sold Prices

Land registry data shows four sales for 53 FFORDD MELA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. All of the four 53 FFORDD MELA 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
2021 29 JUN	£265,000	£273,049	3% below HPI
2004 4 JUN	£155,000	£157,753	2% below HPI
2002 29 JUL	£85,000	£94,669	10% below HPI
1998 9 OCT	£47,500	£68,871	31% below HPI

53 FFORDD MELA 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 four 53 FFORDD MELA sales between October 1998 and June 2021 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 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 53 FFORDD MELA be worth now?

53 FFORDD MELA might now be worth an estimated £292,657.

This is based on house price inflation of 10.4%, between June 2021 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 10.4% inflationary increase is applied to the most recent sale price for 53 FFORDD MELA of £265,000 on 29th June 2021. For the value to have increased from £265,000 to £292,657 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 53 FFORDD MELA has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The June 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 53 FFORDD MELA has not materially changed since June 2021.

How Large is 53 FFORDD MELA?

53 FFORDD MELA is 116m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses houses in Pwllheli, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pwllheli, and where 53 FFORDD MELA lies on this distribution: 57% of detached houses houses are smaller than 53 FFORDD MELA, and 40% of houses are larger. Note that EPC data is not available for all properties in Pwllheli.

53 FFORDD MELA: Plot and Title Map

53 FFORDD MELA sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 53 FFORDD MELA, 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 53 FFORDD MELA). 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 53 FFORDD MELA?

53 FFORDD MELA is located in PWLLHELI, in the LL53 postcode district. The below map shows the position of No. 53 on FFORDD MELA.