GLASCOED COTTAGE, CYTTIR LANE, BANGOR, LL57 4DA - £132,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GLASCOED COTTAGE is a very small extended detached house of 66m², built sometime before 1900. It was last sold for £132,500 in May 2017, which was around 39% below the average May 2017 detached price in the Gwynedd local authority area. The most recent EPC inspection was February 2019, where the current energy rating was G, and the potential energy rating was E.

GLASCOED COTTAGE Sold Prices

Land registry data shows two sales for GLASCOED COTTAGE 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 GLASCOED COTTAGE 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
2017 19 MAY	£132,500	£217,038	39% below HPI
2007 27 MAR	£180,000	£201,173	11% below HPI

GLASCOED COTTAGE 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 GLASCOED COTTAGE sales from March 2007 and May 2017 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 March 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is GLASCOED COTTAGE?

GLASCOED COTTAGE is 66m², which includes three extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Bangor, based on EPC data. The below chart shows the distribution of detached houses by size in Bangor, and where GLASCOED COTTAGE lies on this distribution: 2% of detached houses are smaller than GLASCOED COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bangor.

GLASCOED COTTAGE: Plot and Title Map

GLASCOED COTTAGE sits on a plot of roughly 0.325 of an acre, or 1,317m². The below map shows the location of GLASCOED COTTAGE, 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 GLASCOED COTTAGE). 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 GLASCOED COTTAGE?

GLASCOED COTTAGE is located on CYTTIR LANE in BANGOR, in the LL57 postcode district. The below map shows the position of GLASCOED COTTAGE on CYTTIR LANE.