NETIOR, GOLF ROAD, PWLLHELI, LL53 5PR - £360,000

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.

NETIOR is a small detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £349,158. It was last sold for £360,000 in September 2022, which was around 16% above the average September 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

NETIOR Sold Prices

Land registry data shows three sales for NETIOR 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 NETIOR 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
2022 13 SEP	£360,000	£310,910	16% above HPI
2014 1 SEP	£240,000	£203,469	18% above HPI
1995 22 DEC	£74,000	£58,976	25% above HPI

NETIOR 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 NETIOR sales between December 1995 and September 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 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2022 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might NETIOR be worth now?

NETIOR might now be worth an estimated £349,158.

This is based on house price deflation of 3%, between September 2022 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 3% deflationary decrease is applied to the most recent sale price for NETIOR of £360,000 on 13th September 2022. For the value to have decreased from £360,000 to £349,158 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of NETIOR has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The September 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of NETIOR has not materially changed since September 2022.

How Large is NETIOR?

NETIOR is 93m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses houses in Pwllheli, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pwllheli, and where NETIOR lies on this distribution: 26% of detached houses houses are smaller than NETIOR, and 72% of houses are larger. Note that EPC data is not available for all properties in Pwllheli.

NETIOR: Plot and Title Map

NETIOR sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of NETIOR, 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 NETIOR). 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 NETIOR?

NETIOR is located on GOLF ROAD in PWLLHELI, in the LL53 postcode district. The below map shows the position of NETIOR on GOLF ROAD.