TIROL, TALBOT ROAD, FAIRBOURNE, LL38 2LJ - £143,000

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.

TIROL is a midsized detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £152,163. It was last sold for £143,000 in November 2021, which was around 50% below the average November 2021 detached price in the Gwynedd local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

TIROL Sold Prices

Land registry data shows three sales for TIROL 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 TIROL 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 19 NOV	£143,000	£283,388	50% below HPI
2012 23 MAR	£128,000	£198,206	35% below HPI
2006 6 OCT	£120,000	£200,613	40% below HPI

TIROL 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 TIROL sales between October 2006 and November 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 March 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might TIROL be worth now?

TIROL might now be worth an estimated £152,163.

This is based on house price inflation of 6.4%, between November 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 6.4% inflationary increase is applied to the most recent sale price for TIROL of £143,000 on 19th November 2021. For the value to have increased from £143,000 to £152,163 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of TIROL has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The November 2021 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of TIROL has not materially changed since November 2021.

How Large is TIROL?

TIROL is 75m² according to the EPC inspection conducted in April 2021. This puts it in the largest 50% of detached houses houses in Fairbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fairbourne, and where TIROL lies on this distribution: 50% of detached houses houses are smaller than TIROL, and 49% of houses are larger. Note that EPC data is not available for all properties in Fairbourne.

TIROL: Plot and Title Map

TIROL sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of TIROL, 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 TIROL). 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 TIROL?

TIROL is located on TALBOT ROAD in FAIRBOURNE, in the LL38 postcode district. The below map shows the position of TIROL on TALBOT ROAD.