AWELFA, LLANRUG, CAERNARFON, LL55 4PH - £171,000

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.

AWELFA is a small detached house of 104m², built sometime between 1900 and 1929, which could now be worth an estimated £214,381. It was last sold for £171,000 in February 2020, which was around 29% below the average February 2020 detached price in the Gwynedd local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

AWELFA Sold Prices

Land registry data shows two sales for AWELFA 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 AWELFA 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
2020 12 FEB	£171,000	£240,527	29% below HPI
2015 26 FEB	£92,500	£195,448	53% below HPI

AWELFA 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 AWELFA sales from February 2015 and February 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 February 2015 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the February 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might AWELFA be worth now?

AWELFA might now be worth an estimated £214,381.

This is based on house price inflation of 25.4%, between February 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 25.4% inflationary increase is applied to the most recent sale price for AWELFA of £171,000 on 12th February 2020. For the value to have increased from £171,000 to £214,381 over the five years to February 2025, the following assumptions must hold true:

• The value of AWELFA has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The February 2020 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of AWELFA has not materially changed since February 2020.

How Large is AWELFA?

AWELFA is 104m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses houses in Llanrug, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanrug, and where AWELFA lies on this distribution: 37% of detached houses houses are smaller than AWELFA, and 61% of houses are larger. Note that EPC data is not available for all properties in Llanrug.

AWELFA: Plot and Title Map

AWELFA sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of AWELFA, 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 AWELFA). 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 AWELFA?

AWELFA is located in LLANRUG, in the LL55 postcode district. The below map shows the position of AWELFA in LLANRUG.