MAES TEG, CAE GARW, LLANFAIR, HARLECH, LL46 2RL - £399,950

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

MAES TEG is a small detached house of 99m², built sometime between 1950 and 1966. It was last sold for £399,950 in April 2022, which was around 35% above the average April 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.

MAES TEG Sold Prices

Land registry data shows three sales for MAES TEG 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. Two of the three MAES TEG sales were for above the average price, whilst one 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 1 APR	£399,950	£297,114	35% above HPI
2021 16 SEP	£360,000	£270,364	33% above HPI
2015 11 AUG	£155,000	£215,216	28% below HPI

MAES TEG 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 MAES TEG sales between August 2015 and April 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 September 2021 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2022 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is MAES TEG?

MAES TEG is 99m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Llanfair, based on EPC data. The below chart shows the distribution of detached houses by size in Llanfair, and where MAES TEG lies on this distribution: 38% of detached houses are smaller than MAES TEG, and 62% of houses are larger. Note that EPC data is not available for all properties in Llanfair.

MAES TEG: Plot and Title Map

MAES TEG sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of MAES TEG, 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 MAES TEG). 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 MAES TEG?

MAES TEG is located on CAE GARW in LLANFAIR, in the LL46 postcode district. The below map shows the position of MAES TEG on CAE GARW.