GARREG WEN, PENABER ESTATE, CRICCIETH, LL52 0ES - £204,000

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

GARREG WEN is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £204,000 in March 2018, which was around 4% below the average March 2018 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2017, where the current energy rating was F, and the potential energy rating was B.

GARREG WEN Sold Prices

Land registry data shows two sales for GARREG 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. One of the two GARREG WEN sales was for below the average price, whilst the other was 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
2018 2 MAR	£204,000	£212,217	4% below HPI
2009 12 JUN	£209,000	£187,806	11% above HPI

GARREG 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 GARREG WEN sales from June 2009 and March 2018 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 June 2009 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is GARREG WEN?

GARREG WEN is 76m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Criccieth, based on EPC data. The below chart shows the distribution of detached houses by size in Criccieth, and where GARREG WEN lies on this distribution: 5% of detached houses are smaller than GARREG WEN, and 95% of houses are larger. Note that EPC data is not available for all properties in Criccieth.

GARREG WEN: Plot and Title Map

GARREG WEN sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of GARREG 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 GARREG 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 GARREG WEN?

GARREG WEN is located on PENABER ESTATE in CRICCIETH, in the LL52 postcode district. The below map shows the position of GARREG WEN on PENABER ESTATE.