HAFOD, LON Y FFRWD, BANGOR, LL57 2LG - £417,500

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

HAFOD is a midsized extended detached house of 124m², built sometime between 1976 and 1982, which could now be worth an estimated £393,336. It was last sold for £417,500 in January 2024, which was around 33% above the average January 2024 detached price in the Gwynedd local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

HAFOD Sold Prices

Land registry data shows three sales for HAFOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. All of the three HAFOD 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
2024 12 JAN	£417,500	£314,261	33% above HPI
2021 26 NOV	£403,000	£283,388	42% above HPI
2019 18 JUL	£315,000	£233,349	35% above HPI

HAFOD 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 three HAFOD sales between July 2019 and January 2024 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 2021 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2024 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might HAFOD be worth now?

HAFOD might now be worth an estimated £393,336.

This is based on house price deflation of 5.8%, between January 2024 and December 2024, 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 5.8% deflationary decrease is applied to the most recent sale price for HAFOD of £417,500 on 12th January 2024. For the value to have decreased from £417,500 to £393,336 over the one month to December 2024, the following assumptions must hold true:

• The value of HAFOD has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The January 2024 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of HAFOD has not materially changed since January 2024.

How Large is HAFOD?

HAFOD is 124m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% 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 HAFOD lies on this distribution: 50% of detached houses houses are smaller than HAFOD, and 50% of houses are larger. Note that EPC data is not available for all properties in Bangor.

HAFOD: Plot and Title Map

HAFOD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of HAFOD, 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 HAFOD). 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 HAFOD?

HAFOD is located on LON Y FFRWD in BANGOR, in the LL57 postcode district. The below map shows the position of HAFOD on LON Y FFRWD.