ROCKLEE, ABERERCH ROAD, PWLLHELI, LL53 5LR - £60,000

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.

ROCKLEE is a very small detached house of 72m², built sometime before 1900, which could now be worth an estimated £68,678. It was last sold for £60,000 in April 2021, which was around 77% below the average April 2021 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2009, where the current energy rating was F, and the potential energy rating was E.

ROCKLEE Sold Prices

Land registry data shows three sales for ROCKLEE 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 ROCKLEE 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 16 APR	£60,000	£263,442	77% below HPI
2005 6 APR	£120,000	£177,855	33% below HPI
2003 19 AUG	£69,500	£128,336	46% below HPI

ROCKLEE 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 ROCKLEE sales between August 2003 and April 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 April 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2021 sale, where it falls to 77% below the HPI. The line then continues to track at 77% below the HPI.

What might ROCKLEE be worth now?

ROCKLEE might now be worth an estimated £68,678.

This is based on house price inflation of 14.5%, between April 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 14.5% inflationary increase is applied to the most recent sale price for ROCKLEE of £60,000 on 16th April 2021. For the value to have increased from £60,000 to £68,678 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of ROCKLEE has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The April 2021 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of ROCKLEE has not materially changed since April 2021.

How Large is ROCKLEE?

ROCKLEE is 72m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% 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 ROCKLEE lies on this distribution: 4% of detached houses houses are smaller than ROCKLEE, and 96% of houses are larger. Note that EPC data is not available for all properties in Pwllheli.

ROCKLEE: Plot and Title Map

ROCKLEE sits on a plot of roughly 0.015 of an acre, or 61m². The below map shows the location of ROCKLEE, 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 ROCKLEE). 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 ROCKLEE?

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