THE LODGE, PENRHOSGARNEDD, BANGOR, LL57 2SX - £195,000

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

THE LODGE is a large extended detached house of 148m², built sometime between 1900 and 1929. It was last sold for £195,000 in August 2011, which was around 5% above the average August 2011 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was E.

THE LODGE Sold Prices

Land registry data shows four sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. Most of the four THE LODGE sales were 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
2011 26 AUG	£195,000	£185,589	5% above HPI
2003 24 OCT	£165,000	£135,104	22% above HPI
1999 26 FEB	£53,500	£68,679	22% below HPI
1995 17 NOV	£71,000	£56,869	25% above HPI

THE LODGE 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 four THE LODGE sales between November 1995 and August 2011 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 October 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2011 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE LODGE?

THE LODGE is 148m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the largest 30% of detached houses in Bangor, based on EPC data. The below chart shows the distribution of detached houses by size in Bangor, and where THE LODGE lies on this distribution: 74% of detached houses are smaller than THE LODGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Bangor.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE is located in PENRHOSGARNEDD, in the LL57 postcode district. The below map shows the position of THE LODGE in PENRHOSGARNEDD.