8, FRANCIS AVENUE, FAIRBOURNE, LL38 2EQ - £85,000

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

8 FRANCIS AVENUE is a very small extended detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £140,607. It was last sold for £85,000 in May 2009, which was around 53% below the average May 2009 detached price in the Gwynedd local authority area. The most recent EPC inspection was March 2009, where the current energy rating was F, and the potential energy rating was F.

8 FRANCIS AVENUE Sold Prices

Land registry data shows two sales for 8 FRANCIS AVENUE 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 8 FRANCIS AVENUE 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
2009 15 MAY	£85,000	£182,291	53% below HPI
2004 10 DEC	£82,000	£188,360	56% below HPI

8 FRANCIS AVENUE 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 8 FRANCIS AVENUE sales from December 2004 and May 2009 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 December 2004 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the May 2009 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 8 FRANCIS AVENUE be worth now?

8 FRANCIS AVENUE might now be worth an estimated £140,607.

This is based on house price inflation of 65.4%, between May 2009 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 65.4% inflationary increase is applied to the most recent sale price for 8 FRANCIS AVENUE of £85,000 on 15th May 2009. For the value to have increased from £85,000 to £140,607 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 8 FRANCIS AVENUE has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The May 2009 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FRANCIS AVENUE has not materially changed since May 2009.

How Large is 8 FRANCIS AVENUE?

8 FRANCIS AVENUE is 60m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% 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 8 FRANCIS AVENUE lies on this distribution: 18% of detached houses houses are smaller than 8 FRANCIS AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Fairbourne.

8 FRANCIS AVENUE: Plot and Title Map

8 FRANCIS AVENUE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 8 FRANCIS AVENUE, 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 8 FRANCIS AVENUE). 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 8 FRANCIS AVENUE?

8 FRANCIS AVENUE is located in FAIRBOURNE, in the LL38 postcode district. The below map shows the position of No. 8 on FRANCIS AVENUE.