OULTON, PIER ROAD, TYWYN, LL36 0AP - £247,350

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.

OULTON is a very large extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £280,688. It was last sold for £247,350 in December 2020, which was around 7% below the average December 2020 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

OULTON Sold Prices

Land registry data shows three sales for OULTON 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 OULTON sales were for below the average price, whilst one was 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
2020 16 DEC	£247,350	£265,731	7% below HPI
2006 1 SEP	£245,000	£199,187	23% above HPI
2000 8 DEC	£63,000	£83,770	25% below HPI

OULTON 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 OULTON sales between December 2000 and December 2020 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 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might OULTON be worth now?

OULTON might now be worth an estimated £280,688.

This is based on house price inflation of 13.5%, between December 2020 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 13.5% inflationary increase is applied to the most recent sale price for OULTON of £247,350 on 16th December 2020. For the value to have increased from £247,350 to £280,688 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of OULTON has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The December 2020 sale price of £247,350 represented a fair market value for the property.
• The size, condition, and specification of OULTON has not materially changed since December 2020.

How Large is OULTON?

OULTON is 152m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of detached houses houses in Tywyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tywyn, and where OULTON lies on this distribution: 85% of detached houses houses are smaller than OULTON, and 15% of houses are larger. Note that EPC data is not available for all properties in Tywyn.

OULTON: Plot and Title Map

OULTON sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of OULTON, 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 OULTON). 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 OULTON?

OULTON is located on PIER ROAD in TYWYN, in the LL36 postcode district. The below map shows the position of OULTON on PIER ROAD.