ERW WEN, BRYN GLAS, GROESLON, CAERNARFON, LL54 7TB - £190,000

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 WEN is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £190,000 in September 2021, which was around 30% below the average September 2021 detached price in the Gwynedd local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was B.

ERW WEN Sold Prices

Land registry data shows two sales for ERW WEN 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 WEN 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
2021 10 SEP	£190,000	£270,364	30% below HPI
2014 2 MAY	£142,000	£197,092	28% below HPI

ERW WEN 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 WEN sales from May 2014 and September 2021 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 May 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is ERW WEN?

ERW WEN is 71m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Groeslon, based on EPC data. The below chart shows the distribution of detached houses by size in Groeslon, and where ERW WEN lies on this distribution: 8% of detached houses are smaller than ERW WEN, and 92% of houses are larger. Note that EPC data is not available for all properties in Groeslon.

ERW WEN: Plot and Title Map

ERW WEN sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of ERW WEN, 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 WEN). 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 WEN?

ERW WEN is located on BRYN GLAS in GROESLON, in the LL54 postcode district. The below map shows the position of ERW WEN on BRYN GLAS.