ERW FAIR, COUNTY ROAD, PENYGROES, CAERNARFON, LL54 6HE - £285,000

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

ERW FAIR is a very large extended detached house of 162m², built sometime before 1900. It was last sold for £285,000 in May 2019, which was around 23% above the average May 2019 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

ERW FAIR Sold Prices

Land registry data shows two sales for ERW FAIR 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 ERW FAIR 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 1 MAY	£285,000	£232,607	23% above HPI
1997 18 JUL	£68,750	£62,199	11% above HPI

ERW FAIR 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 ERW FAIR sales from July 1997 and May 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 July 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is ERW FAIR?

ERW FAIR is 162m², which includes three extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of detached houses in Penygroes, based on EPC data. The below chart shows the distribution of detached houses by size in Penygroes, and where ERW FAIR lies on this distribution: 83% of detached houses are smaller than ERW FAIR, and 14% of houses are larger. Note that EPC data is not available for all properties in Penygroes.

ERW FAIR: Plot and Title Map

ERW FAIR sits on a plot of roughly 0.306 of an acre, or 1,240m². The below map shows the location of ERW FAIR, 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 ERW FAIR). 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 ERW FAIR?

ERW FAIR is located on COUNTY ROAD in PENYGROES, in the LL54 postcode district. The below map shows the position of ERW FAIR on COUNTY ROAD.