7, COED Y MAES, PENRHOSGARNEDD, BANGOR, LL57 2EJ - £345,000

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.

7 COED Y MAES is a midsized detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £445,251. It was last sold for £345,000 in July 2020, which was around 48% above the average July 2020 detached price in the Gwynedd local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

7 COED Y MAES Sold Prices

Land registry data shows two sales for 7 COED Y MAES 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 7 COED Y MAES 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 6 JUL	£345,000	£233,651	48% above HPI
2016 29 APR	£260,000	£212,180	23% above HPI

7 COED Y MAES 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 7 COED Y MAES sales from April 2016 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 April 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2020 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 7 COED Y MAES be worth now?

7 COED Y MAES might now be worth an estimated £445,251.

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 7 COED Y MAES of £345,000 on 6th July 2020. For the value to have increased from £345,000 to £445,251 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 7 COED Y MAES has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The July 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COED Y MAES has not materially changed since July 2020.

How Large is 7 COED Y MAES?

7 COED Y MAES is 121m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses houses in Bangor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bangor, and where 7 COED Y MAES lies on this distribution: 49% of detached houses houses are smaller than 7 COED Y MAES, and 50% of houses are larger. Note that EPC data is not available for all properties in Bangor.

7 COED Y MAES: Plot and Title Map

7 COED Y MAES sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 7 COED Y MAES, 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 7 COED Y MAES). 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 7 COED Y MAES?

7 COED Y MAES is located in PENRHOSGARNEDD, in the LL57 postcode district. The below map shows the position of No. 7 on COED Y MAES.