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

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

GLASCOED COTTAGE is a very small extended detached house of 66m², built sometime before 1900, which could now be worth an estimated £179,860. It was last sold for £132,500 in May 2017, which was around 40% 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	£222,144	40% below HPI
2007 27 MAR	£180,000	£205,906	13% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might GLASCOED COTTAGE be worth now?

GLASCOED COTTAGE might now be worth an estimated £179,860.

This is based on house price inflation of 35.7%, between May 2017 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 35.7% inflationary increase is applied to the most recent sale price for GLASCOED COTTAGE of £132,500 on 19th May 2017. For the value to have increased from £132,500 to £179,860 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of GLASCOED COTTAGE has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The May 2017 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of GLASCOED COTTAGE has not materially changed since May 2017.

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 houses in Bangor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bangor, and where GLASCOED COTTAGE lies on this distribution: 2% of detached houses 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.