GEORGES CROSSING, HOLYHEAD ROAD, BANGOR, LL57 2HJ - £245,000

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.

GEORGES CROSSING is a large extended detached house of 152m², built sometime before 1900, which could now be worth an estimated £238,230. It was last sold for £245,000 in August 2022, which was around 21% below the average August 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

GEORGES CROSSING Sold Prices

Land registry data shows two sales for GEORGES CROSSING 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 GEORGES CROSSING 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
2022 17 AUG	£245,000	£310,115	21% below HPI
2017 26 OCT	£250,000	£228,516	9% above HPI

GEORGES CROSSING 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 GEORGES CROSSING sales from October 2017 and August 2022 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 October 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might GEORGES CROSSING be worth now?

GEORGES CROSSING might now be worth an estimated £238,230.

This is based on house price deflation of 2.8%, between August 2022 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 2.8% deflationary decrease is applied to the most recent sale price for GEORGES CROSSING of £245,000 on 17th August 2022. For the value to have decreased from £245,000 to £238,230 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of GEORGES CROSSING has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The August 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of GEORGES CROSSING has not materially changed since August 2022.

How Large is GEORGES CROSSING?

GEORGES CROSSING is 152m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of detached houses houses in Bangor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bangor, and where GEORGES CROSSING lies on this distribution: 76% of detached houses houses are smaller than GEORGES CROSSING, and 23% of houses are larger. Note that EPC data is not available for all properties in Bangor.

GEORGES CROSSING: Plot and Title Map

GEORGES CROSSING sits on a plot of roughly 0.249 of an acre, or 1,009m². The below map shows the location of GEORGES CROSSING, 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 GEORGES CROSSING). 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 GEORGES CROSSING?

GEORGES CROSSING is located on HOLYHEAD ROAD in BANGOR, in the LL57 postcode district. The below map shows the position of GEORGES CROSSING on HOLYHEAD ROAD.