LOWER LODGE, LLANRUG, CAERNARFON, LL55 4RF - £166,000

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.

LOWER LODGE is a very large extended detached house of 154m², built sometime before 1900, which could now be worth an estimated £237,828. It was last sold for £166,000 in November 2015, which was around 21% below the average November 2015 detached price in the Gwynedd local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

LOWER LODGE Sold Prices

Land registry data shows three sales for LOWER LODGE 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 LOWER LODGE 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
2015 13 NOV	£166,000	£210,474	21% below HPI
1997 27 FEB	£39,000	£64,909	40% below HPI
1996 31 JUL	£37,500	£57,515	35% below HPI

LOWER LODGE 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 LOWER LODGE sales between July 1996 and November 2015 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 1997 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might LOWER LODGE be worth now?

LOWER LODGE might now be worth an estimated £237,828.

This is based on house price inflation of 43.3%, between November 2015 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 43.3% inflationary increase is applied to the most recent sale price for LOWER LODGE of £166,000 on 13th November 2015. For the value to have increased from £166,000 to £237,828 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of LOWER LODGE has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The November 2015 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of LOWER LODGE has not materially changed since November 2015.

How Large is LOWER LODGE?

LOWER LODGE is 154m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses houses in Llanrug, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanrug, and where LOWER LODGE lies on this distribution: 80% of detached houses houses are smaller than LOWER LODGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Llanrug.

LOWER LODGE: Plot and Title Map

LOWER LODGE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of LOWER LODGE, 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 LOWER LODGE). 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 LOWER LODGE?

LOWER LODGE is located in LLANRUG, in the LL55 postcode district. The below map shows the position of LOWER LODGE in LLANRUG.