RHIWLAS, MYNYTHO, PWLLHELI, LL53 7RG - £242,500

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.

RHIWLAS is a small detached house of 88m², built sometime before 1900, which could now be worth an estimated £374,767. It was last sold for £242,500 in November 2013, which was around 24% above the average November 2013 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2013, where the current energy rating was F, and the potential energy rating was B.

RHIWLAS Sold Prices

Land registry data shows two sales for RHIWLAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. One of the two RHIWLAS sales was for above the average price, whilst the other 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
2013 15 NOV	£242,500	£195,121	24% above HPI
2005 2 JUN	£170,000	£185,228	8% below HPI

RHIWLAS 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 two RHIWLAS sales from June 2005 and November 2013 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 June 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2013 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might RHIWLAS be worth now?

RHIWLAS might now be worth an estimated £374,767.

This is based on house price inflation of 54.5%, between November 2013 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 54.5% inflationary increase is applied to the most recent sale price for RHIWLAS of £242,500 on 15th November 2013. For the value to have increased from £242,500 to £374,767 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of RHIWLAS has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The November 2013 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of RHIWLAS has not materially changed since November 2013.

How Large is RHIWLAS?

RHIWLAS is 88m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% of detached houses houses in Mynytho, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mynytho, and where RHIWLAS lies on this distribution: 26% of detached houses houses are smaller than RHIWLAS, and 72% of houses are larger. Note that EPC data is not available for all properties in Mynytho.

RHIWLAS: Plot and Title Map

RHIWLAS sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of RHIWLAS, 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 RHIWLAS). 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 RHIWLAS?

RHIWLAS is located in MYNYTHO, in the LL53 postcode district. The below map shows the position of RHIWLAS in MYNYTHO.