CORN CERRIG, RHOS BACH, CRICCIETH, LL52 0EP - £250,000

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.

CORN CERRIG is a small extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £382,168. It was last sold for £250,000 in June 2014, which was around 25% above the average June 2014 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

CORN CERRIG Sold Prices

Land registry data shows five sales for CORN CERRIG since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. Most of the five CORN CERRIG 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
2014 18 JUN	£250,000	£199,505	25% above HPI
2014 3 APR	£250,000	£204,940	22% above HPI
2008 15 MAY	£215,000	£216,220	1% below HPI
2003 8 DEC	£180,000	£142,394	26% above HPI
1995 13 OCT	£59,000	£57,513	3% above HPI

CORN CERRIG 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 five CORN CERRIG sales between October 1995 and June 2014 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 April 2014 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2014 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might CORN CERRIG be worth now?

CORN CERRIG might now be worth an estimated £382,168.

This is based on house price inflation of 52.9%, between June 2014 and March 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 52.9% inflationary increase is applied to the most recent sale price for CORN CERRIG of £250,000 on 18th June 2014. For the value to have increased from £250,000 to £382,168 over the eleven years and three months to March 2025, the following assumptions must hold true:

• The value of CORN CERRIG has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The June 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of CORN CERRIG has not materially changed since June 2014.

How Large is CORN CERRIG?

CORN CERRIG is 120m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of detached houses houses in Criccieth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Criccieth, and where CORN CERRIG lies on this distribution: 35% of detached houses houses are smaller than CORN CERRIG, and 65% of houses are larger. Note that EPC data is not available for all properties in Criccieth.

CORN CERRIG: Plot and Title Map

CORN CERRIG sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of CORN CERRIG, 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 CORN CERRIG). 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 CORN CERRIG?

CORN CERRIG is located on RHOS BACH in CRICCIETH, in the LL52 postcode district. The below map shows the position of CORN CERRIG on RHOS BACH.