CERRIG GLEISION, NEFYN, PWLLHELI, LL53 6ER - £1,600,000

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

CERRIG GLEISION is a very large extended detached house of 279m², built sometime between 1950 and 1966. It was last sold for £1,600,000 in October 2022, which was around 422% above the average October 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was D.

CERRIG GLEISION Sold Prices

Land registry data shows three sales for CERRIG GLEISION since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. All of the three CERRIG GLEISION 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
2022 27 OCT	£1,600,000	£306,372	422% above HPI
2012 19 OCT	£500,000	£201,471	148% above HPI
2003 30 JUN	£285,000	£124,598	129% above HPI

CERRIG GLEISION 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 three CERRIG GLEISION sales between June 2003 and October 2022 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 October 2012 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the October 2022 sale, where it rises to 422% above the HPI. The line then continues to track at 422% above the HPI.

How Large is CERRIG GLEISION?

CERRIG GLEISION is 279m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Morfa Nefyn, based on EPC data. The below chart shows the distribution of detached houses by size in Morfa Nefyn, and where CERRIG GLEISION lies on this distribution: 97% of detached houses are smaller than CERRIG GLEISION, and 3% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

CERRIG GLEISION: Plot and Title Map

CERRIG GLEISION sits on a plot of roughly 5.2 acres, or 20,947m². The below map shows the location of CERRIG GLEISION, 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 CERRIG GLEISION). 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 CERRIG GLEISION?

CERRIG GLEISION is located in NEFYN, in the LL53 postcode district. The below map shows the position of CERRIG GLEISION in NEFYN.