HYDREF, CORBETT AVENUE, TYWYN, LL36 0AH - £252,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HYDREF is a large detached house of 139m², built sometime between 1967 and 1975. It was last sold for £252,500 in June 2021, which was around 5% below the average June 2021 detached price in the Gwynedd local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

HYDREF Sold Prices

Land registry data shows two sales for HYDREF 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 HYDREF 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
2021 24 JUN	£252,500	£266,773	5% below HPI
2011 19 JAN	£170,000	£193,627	12% below HPI

HYDREF 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 HYDREF sales from January 2011 and June 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 January 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is HYDREF?

HYDREF is 139m² according to the EPC inspection conducted in May 2020. This puts it in the largest 30% of detached houses in Tywyn, based on EPC data. The below chart shows the distribution of detached houses by size in Tywyn, and where HYDREF lies on this distribution: 77% of detached houses are smaller than HYDREF, and 22% of houses are larger. Note that EPC data is not available for all properties in Tywyn.

HYDREF: Plot and Title Map

HYDREF sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of HYDREF, 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 HYDREF). 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 HYDREF?

HYDREF is located on CORBETT AVENUE in TYWYN, in the LL36 postcode district. The below map shows the position of HYDREF on CORBETT AVENUE.