GRASMERE, FFORDD Y FELIN, CEMAES BAY, LL67 0LA - £197,815

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.

GRASMERE is a very small detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £234,547. It was last sold for £197,815 in December 2020, which was around 26% below the average December 2020 detached price in the Isle of Anglesey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was B.

GRASMERE Sold Prices

Land registry data shows three sales for GRASMERE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Anglesey local authority area for the corresponding sale date. All of the three GRASMERE 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
2020 4 DEC	£197,815	£265,560	26% below HPI
2020 2 OCT	£187,000	£259,389	28% below HPI
2019 17 MAY	£160,000	£228,752	30% below HPI

GRASMERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Anglesey local authority area over time, sourced from the HPI. The three GRASMERE sales between May 2019 and December 2020 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 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might GRASMERE be worth now?

GRASMERE might now be worth an estimated £234,547.

This is based on house price inflation of 18.6%, between December 2020 and February 2025, for detached houses, in the Isle of Anglesey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for GRASMERE of £197,815 on 4th December 2020. For the value to have increased from £197,815 to £234,547 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of GRASMERE has moved in line with the HPI for detached houses in the Isle of Anglesey local authority area.
• The December 2020 sale price of £197,815 represented a fair market value for the property.
• The size, condition, and specification of GRASMERE has not materially changed since December 2020.

How Large is GRASMERE?

GRASMERE is 68m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses houses in Cemaes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cemaes, and where GRASMERE lies on this distribution: 3% of detached houses houses are smaller than GRASMERE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cemaes.

GRASMERE: Plot and Title Map

GRASMERE sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of GRASMERE, 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 GRASMERE). 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 GRASMERE?

GRASMERE is located on FFORDD Y FELIN in CEMAES BAY, in the LL67 postcode district. The below map shows the position of GRASMERE on FFORDD Y FELIN.