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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GARREG WEN is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £283,207. It was last sold for £204,000 in March 2018, which was around 6% 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	£217,210	6% below HPI
2009 12 JUN	£209,000	£192,225	9% 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might GARREG WEN be worth now?

GARREG WEN might now be worth an estimated £283,207.

This is based on house price inflation of 38.8%, between March 2018 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 38.8% inflationary increase is applied to the most recent sale price for GARREG WEN of £204,000 on 2nd March 2018. For the value to have increased from £204,000 to £283,207 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of GARREG WEN has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The March 2018 sale price of £204,000 represented a fair market value for the property.
• The size, condition, and specification of GARREG WEN has not materially changed since March 2018.

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 houses in Criccieth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Criccieth, and where GARREG WEN lies on this distribution: 5% of detached houses 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.