FORE BANK, GWALCHMAI, HOLYHEAD, LL65 4SL - £160,000

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.

FORE BANK is a midsized extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £240,371. It was last sold for £160,000 in May 2007, which was around 24% below the average May 2007 detached price in the Isle of Anglesey local authority area. The most recent EPC inspection was December 2016, where the current energy rating was F, and the potential energy rating was C.

FORE BANK Sold Prices

Land registry data shows two sales for FORE BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Anglesey local authority area for the corresponding sale date. Both of the two FORE BANK 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
2007 8 MAY	£160,000	£209,591	24% below HPI
1998 14 AUG	£55,000	£66,757	18% below HPI

FORE BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Anglesey local authority area over time, sourced from the HPI. The two FORE BANK sales from August 1998 and May 2007 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 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2007 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might FORE BANK be worth now?

FORE BANK might now be worth an estimated £240,371.

This is based on house price inflation of 50.2%, between May 2007 and February 2025, for detached houses, in the Isle of Anglesey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.2% inflationary increase is applied to the most recent sale price for FORE BANK of £160,000 on 8th May 2007. For the value to have increased from £160,000 to £240,371 over the eighteen years and three months to February 2025, the following assumptions must hold true:

• The value of FORE BANK has moved in line with the HPI for detached houses in the Isle of Anglesey local authority area.
• The May 2007 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of FORE BANK has not materially changed since May 2007.

How Large is FORE BANK?

FORE BANK is 104m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% of detached houses houses in Gwalchmai, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gwalchmai, and where FORE BANK lies on this distribution: 46% of detached houses houses are smaller than FORE BANK, and 52% of houses are larger. Note that EPC data is not available for all properties in Gwalchmai.

FORE BANK: Plot and Title Map

FORE BANK sits on a plot of roughly 0.290 of an acre, or 1,174m². The below map shows the location of FORE BANK, 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 FORE BANK). 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 FORE BANK?

FORE BANK is located in GWALCHMAI, in the LL65 postcode district. The below map shows the position of FORE BANK in GWALCHMAI.