ERW, LLANFAIR, HARLECH, LL46 2SA - £377,000

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.

ERW is a very large extended detached house of 261m², built sometime before 1900, which could now be worth an estimated £570,388. It was last sold for £377,000 in February 2010, which was around 89% above the average February 2010 detached price in the Gwynedd local authority area. The most recent EPC inspection was September 2008, where the current energy rating was F, and the potential energy rating was F.

ERW Sold Prices

Land registry data shows two sales for ERW 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 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
2010 18 FEB	£377,000	£199,308	89% above HPI
2001 24 AUG	£221,000	£89,516	147% above HPI

ERW 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 sales from August 2001 and February 2010 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 August 2001 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the February 2010 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might ERW be worth now?

ERW might now be worth an estimated £570,388.

This is based on house price inflation of 51.3%, between February 2010 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 51.3% inflationary increase is applied to the most recent sale price for ERW of £377,000 on 18th February 2010. For the value to have increased from £377,000 to £570,388 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of ERW has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The February 2010 sale price of £377,000 represented a fair market value for the property.
• The size, condition, and specification of ERW has not materially changed since February 2010.

How Large is ERW?

ERW is 261m², which includes two extensions, according to the EPC inspection conducted in September 2008. This puts it in the largest 10% of detached houses houses in Llanfair, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanfair, and where ERW lies on this distribution: 98% of detached houses houses are smaller than ERW, and 2% of houses are larger. Note that EPC data is not available for all properties in Llanfair.

ERW: Plot and Title Map

ERW sits on a plot of roughly 0.639 of an acre, or 2,584m². The below map shows the location of ERW, 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). 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?

ERW is located in LLANFAIR, in the LL46 postcode district. The below map shows the position of ERW in LLANFAIR.