8, LON ERYRI, PENRHOSGARNEDD, BANGOR, LL57 2QF - £282,000

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 LON ERYRI is a midsized detached house of 120m², which could now be worth an estimated £346,663. It was last sold for £282,000 in September 2019, which was around 17% above the average September 2019 detached price in the Gwynedd local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was B.

8 LON ERYRI Sold Prices

Land registry data shows two sales for 8 LON ERYRI 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 LON ERYRI 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
2019 6 SEP	£282,000	£240,846	17% above HPI
2017 29 SEP	£276,995	£222,759	24% above HPI

8 LON ERYRI 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 LON ERYRI sales from September 2017 and September 2019 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 September 2017 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2019 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 8 LON ERYRI be worth now?

8 LON ERYRI might now be worth an estimated £346,663.

This is based on house price inflation of 22.9%, between September 2019 and December 2024, 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 22.9% inflationary increase is applied to the most recent sale price for 8 LON ERYRI of £282,000 on 6th September 2019. For the value to have increased from £282,000 to £346,663 over the four years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 LON ERYRI has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The September 2019 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LON ERYRI has not materially changed since September 2019.

How Large is 8 LON ERYRI?

8 LON ERYRI is 120m² according to the EPC inspection conducted in August 2016. 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 8 LON ERYRI lies on this distribution: 47% of detached houses houses are smaller than 8 LON ERYRI, and 51% of houses are larger. Note that EPC data is not available for all properties in Bangor.

8 LON ERYRI: Plot and Title Map

8 LON ERYRI sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 8 LON ERYRI, 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 LON ERYRI). 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 LON ERYRI?

8 LON ERYRI is located in PENRHOSGARNEDD, in the LL57 postcode district. The below map shows the position of No. 8 on LON ERYRI.