GWELFOR, PENRHYNDEUDRAETH, LL48 6RL - £377,000

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 large extended detached house of 153m², built sometime before 1900, which could now be worth an estimated £366,583. It was last sold for £377,000 in August 2022, which was around 22% above the average August 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.

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
2022 17 AUG	£377,000	£310,115	22% above HPI
2002 27 NOV	£105,000	£110,284	5% 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 November 2002 and August 2022 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 November 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might GWELFOR be worth now?

GWELFOR might now be worth an estimated £366,583.

This is based on house price deflation of 2.8%, between August 2022 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 2.8% deflationary decrease is applied to the most recent sale price for GWELFOR of £377,000 on 17th August 2022. For the value to have decreased from £377,000 to £366,583 over the three years and six 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 August 2022 sale price of £377,000 represented a fair market value for the property.
• The size, condition, and specification of GWELFOR has not materially changed since August 2022.

How Large is GWELFOR?

GWELFOR is 153m², which includes four extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses houses in Penrhyndeudraeth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penrhyndeudraeth, and where GWELFOR lies on this distribution: 78% of detached houses houses are smaller than GWELFOR, and 22% of houses are larger. Note that EPC data is not available for all properties in Penrhyndeudraeth.

GWELFOR: Plot and Title Map

GWELFOR sits on a plot of roughly 0.360 of an acre, or 1,457m². 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 PENRHYNDEUDRAETH, in the LL48 postcode district. The below map shows the position of GWELFOR in PENRHYNDEUDRAETH.