TERFYN, ABERSOCH, PWLLHELI, LL53 7HY - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

TERFYN is a small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £325,000 in July 2022, which was around 8% above the average July 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2016, where the current energy rating was F, and the potential energy rating was C.

TERFYN Sold Prices

Land registry data shows three sales for TERFYN 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. Two of the three TERFYN sales were for above the average price, whilst one 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
2022 29 JUL	£325,000	£299,934	8% above HPI
2021 26 FEB	£240,000	£252,630	5% below HPI
2017 19 JUL	£261,000	£213,127	22% above HPI

TERFYN 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 TERFYN sales between July 2017 and July 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 February 2021 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is TERFYN?

TERFYN is 91m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of detached houses in Abersoch, based on EPC data. The below chart shows the distribution of detached houses by size in Abersoch, and where TERFYN lies on this distribution: 22% of detached houses are smaller than TERFYN, and 77% of houses are larger. Note that EPC data is not available for all properties in Abersoch.

TERFYN: Plot and Title Map

TERFYN sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of TERFYN, 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 TERFYN). 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 TERFYN?

TERFYN is located in ABERSOCH, in the LL53 postcode district. The below map shows the position of TERFYN in ABERSOCH.