PENRALLT VILLA, LOWER PENRALLT ROAD, BANGOR, LL57 2PR - £280,000

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

PENRALLT VILLA is a very small extended detached house of 97m², built sometime before 1900. It was last sold for £280,000 in March 2022, which was around 6% below the average March 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

PENRALLT VILLA Sold Prices

Land registry data shows four sales for PENRALLT VILLA 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. Most of the four PENRALLT VILLA 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
2022 29 MAR	£280,000	£297,643	6% below HPI
2006 16 JAN	£220,000	£195,578	12% above HPI
2005 17 JUN	£160,000	£180,971	12% below HPI
1998 1 MAY	£50,500	£66,128	24% below HPI

PENRALLT VILLA 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 PENRALLT VILLA sales between May 1998 and March 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 January 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is PENRALLT VILLA?

PENRALLT VILLA is 97m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Bangor, based on EPC data. The below chart shows the distribution of detached houses by size in Bangor, and where PENRALLT VILLA lies on this distribution: 17% of detached houses are smaller than PENRALLT VILLA, and 80% of houses are larger. Note that EPC data is not available for all properties in Bangor.

PENRALLT VILLA: Plot and Title Map

PENRALLT VILLA sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of PENRALLT VILLA, 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 PENRALLT VILLA). 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 PENRALLT VILLA?

PENRALLT VILLA is located on LOWER PENRALLT ROAD in BANGOR, in the LL57 postcode district. The below map shows the position of PENRALLT VILLA on LOWER PENRALLT ROAD.