GREY HOUSE, GORAD ROAD, BANGOR, LL57 2BW - £420,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GREY HOUSE is a very large extended detached house of 335m², built sometime between 1950 and 1966. It was last sold for £420,000 in September 2011, which was around 117% above the average September 2011 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was D.

GREY HOUSE Sold Prices

Land registry data shows two sales for GREY HOUSE 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 GREY HOUSE sales were 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
2011 15 SEP	£420,000	£193,769	117% above HPI
1996 20 FEB	£113,000	£58,032	95% above HPI

GREY HOUSE 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 GREY HOUSE sales from February 1996 and September 2011 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 February 1996 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the September 2011 sale, where it rises to 117% above the HPI. The line then continues to track at 117% above the HPI.

How Large is GREY HOUSE?

GREY HOUSE is 335m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 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 GREY HOUSE lies on this distribution: 98% of detached houses are smaller than GREY HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Bangor.

GREY HOUSE: Plot and Title Map

GREY HOUSE sits on a plot of roughly 0.287 of an acre, or 1,163m². The below map shows the location of GREY HOUSE, 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 GREY HOUSE). 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 GREY HOUSE?

GREY HOUSE is located on GORAD ROAD in BANGOR, in the LL57 postcode district. The below map shows the position of GREY HOUSE on GORAD ROAD.