SALONIQUE, PENRHYN DRIVE SOUTH, FAIRBOURNE, LL38 2DZ - £100,000

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

SALONIQUE is a very large extended detached house of 125m², built sometime between 1900 and 1929. It was last sold for £100,000 in February 2013, which was around 48% below the average February 2013 detached price in the Gwynedd local authority area. The most recent EPC inspection was August 2012, where the current energy rating was F, and the potential energy rating was C.

SALONIQUE Sold Prices

Land registry data shows two sales for SALONIQUE 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 SALONIQUE sales was for below the average price, whilst the other 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
2013 18 FEB	£100,000	£191,410	48% below HPI
1995 17 JAN	£74,000	£58,558	26% above HPI

SALONIQUE 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 SALONIQUE sales from January 1995 and February 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 January 1995 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2013 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is SALONIQUE?

SALONIQUE is 125m², which includes three extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses in Fairbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Fairbourne, and where SALONIQUE lies on this distribution: 92% of detached houses are smaller than SALONIQUE, and 8% of houses are larger. Note that EPC data is not available for all properties in Fairbourne.

SALONIQUE: Plot and Title Map

SALONIQUE sits on a plot of roughly 0.227 of an acre, or 918m². The below map shows the location of SALONIQUE, 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 SALONIQUE). 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 SALONIQUE?

SALONIQUE is located on PENRHYN DRIVE SOUTH in FAIRBOURNE, in the LL38 postcode district. The below map shows the position of SALONIQUE on PENRHYN DRIVE SOUTH.