7, MENAI VIEW TERRACE, BANGOR, LL57 2HF - £390,000

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

7 MENAI VIEW TERRACE is a very large extended detached house of 319m², built sometime before 1900. It was last sold for £390,000 in August 2024, which was around 35% above the average August 2024 detached price in the Gwynedd local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.

7 MENAI VIEW TERRACE Sold Prices

Land registry data shows two sales for 7 MENAI VIEW TERRACE 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 MENAI VIEW TERRACE 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
2024 7 AUG	£390,000	£288,078	35% above HPI
2008 13 JUN	£280,000	£203,100	38% above HPI

7 MENAI VIEW TERRACE 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 MENAI VIEW TERRACE sales from June 2008 and August 2024 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 2008 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2024 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 7 MENAI VIEW TERRACE?

7 MENAI VIEW TERRACE is 319m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Bangor, based on EPC data. The below chart shows the distribution of detached houses by size in Bangor, and where 7 MENAI VIEW TERRACE lies on this distribution: 98% of detached houses are smaller than 7 MENAI VIEW TERRACE, and 2% of houses are larger. Note that EPC data is not available for all properties in Bangor.

7 MENAI VIEW TERRACE: Plot and Title Map

7 MENAI VIEW TERRACE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 7 MENAI VIEW TERRACE, 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 MENAI VIEW TERRACE). 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 MENAI VIEW TERRACE?

7 MENAI VIEW TERRACE is located in BANGOR, in the LL57 postcode district. The below map shows the position of No. 7 on MENAI VIEW TERRACE.