MAES TEG, WAUNFAWR, CAERNARFON, LL55 4YY - £220,000

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.

MAES TEG is a small detached house of 88m², built sometime before 1900, which could now be worth an estimated £243,674. It was last sold for £220,000 in July 2021, which was around 19% below the average July 2021 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2015, where the current energy rating was G, and the potential energy rating was A.

MAES TEG Sold Prices

Land registry data shows four sales for MAES TEG since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. All of the four MAES TEG 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 23 JUL	£220,000	£272,249	19% below HPI
2018 31 JAN	£153,750	£222,442	31% below HPI
2013 19 DEC	£100,000	£192,992	48% below HPI
1997 1 DEC	£39,500	£66,987	41% 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 four MAES TEG sales between December 1997 and July 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 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might MAES TEG be worth now?

MAES TEG might now be worth an estimated £243,674.

This is based on house price inflation of 10.8%, between July 2021 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 10.8% inflationary increase is applied to the most recent sale price for MAES TEG of £220,000 on 23rd July 2021. For the value to have increased from £220,000 to £243,674 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of MAES TEG has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The July 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of MAES TEG has not materially changed since July 2021.

How Large is MAES TEG?

MAES TEG is 88m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses houses in Waunfawr, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waunfawr, and where MAES TEG lies on this distribution: 25% of detached houses houses are smaller than MAES TEG, and 75% of houses are larger. Note that EPC data is not available for all properties in Waunfawr.

MAES TEG: Plot and Title Map

MAES TEG sits on a plot of roughly 0.081 of an acre, or 329m². 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 in WAUNFAWR, in the LL55 postcode district. The below map shows the position of MAES TEG in WAUNFAWR.