STRAND COTTAGE, STRAND STREET, BANGOR, LL57 1DH - £175,000

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.

STRAND COTTAGE is a very small detached house of 58m², built sometime before 1900, which could now be worth an estimated £174,799. It was last sold for £175,000 in November 2024, which was around 42% below the average November 2024 detached price in the Gwynedd local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

STRAND COTTAGE Sold Prices

Land registry data shows two sales for STRAND COTTAGE 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. Both of the two STRAND COTTAGE 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
2024 13 NOV	£175,000	£301,892	42% below HPI
2012 8 JUN	£135,500	£197,841	32% below HPI

STRAND COTTAGE 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 STRAND COTTAGE sales from June 2012 and November 2024 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 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might STRAND COTTAGE be worth now?

STRAND COTTAGE might now be worth an estimated £174,799.

This is based on house price deflation of 0.1%, between November 2024 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 0.1% deflationary decrease is applied to the most recent sale price for STRAND COTTAGE of £175,000 on 13th November 2024. For the value to have decreased from £175,000 to £174,799 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of STRAND COTTAGE has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The November 2024 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of STRAND COTTAGE has not materially changed since November 2024.

How Large is STRAND COTTAGE?

STRAND COTTAGE is 58m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses houses in Bangor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bangor, and where STRAND COTTAGE lies on this distribution: 1% of detached houses houses are smaller than STRAND COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bangor.

STRAND COTTAGE: Plot and Title Map

STRAND COTTAGE sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of STRAND COTTAGE, 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 STRAND COTTAGE). 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 STRAND COTTAGE?

STRAND COTTAGE is located on STRAND STREET in BANGOR, in the LL57 postcode district. The below map shows the position of STRAND COTTAGE on STRAND STREET.