GWELFOR, LLANFAIR, HARLECH, LL46 2SY - £290,000

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.

GWELFOR is a very small extended detached house of 69m², built sometime before 1900, which could now be worth an estimated £321,207. It was last sold for £290,000 in July 2021, which was around 7% above the average July 2021 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was F.

GWELFOR Sold Prices

Land registry data shows two sales for GWELFOR 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 GWELFOR sales was for above the average price, whilst the other was 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
2021 16 JUL	£290,000	£272,249	7% above HPI
2012 9 AUG	£167,000	£202,932	18% below HPI

GWELFOR 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 GWELFOR sales from August 2012 and July 2021 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 August 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might GWELFOR be worth now?

GWELFOR might now be worth an estimated £321,207.

This is based on house price inflation of 10.8%, between July 2021 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 10.8% inflationary increase is applied to the most recent sale price for GWELFOR of £290,000 on 16th July 2021. For the value to have increased from £290,000 to £321,207 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of GWELFOR has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The July 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of GWELFOR has not materially changed since July 2021.

How Large is GWELFOR?

GWELFOR is 69m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses houses in Llanfair, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanfair, and where GWELFOR lies on this distribution: 10% of detached houses houses are smaller than GWELFOR, and 90% of houses are larger. Note that EPC data is not available for all properties in Llanfair.

GWELFOR: Plot and Title Map

GWELFOR sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of GWELFOR, 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 GWELFOR). 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 GWELFOR?

GWELFOR is located in LLANFAIR, in the LL46 postcode district. The below map shows the position of GWELFOR in LLANFAIR.