TWR COTTAGE, MOSTYN TERRACE, BETHESDA, BANGOR, LL57 3AD - £178,000

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

TWR COTTAGE is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £178,000 in February 2021, which was around 30% below the average February 2021 detached price in the Gwynedd local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

TWR COTTAGE Sold Prices

Land registry data shows two sales for TWR 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 TWR 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
2021 26 FEB	£178,000	£252,630	30% below HPI
2017 31 OCT	£97,500	£223,263	56% below HPI

TWR 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 TWR COTTAGE sales from October 2017 and February 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 October 2017 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is TWR COTTAGE?

TWR COTTAGE is 96m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Bethesda, based on EPC data. The below chart shows the distribution of detached houses by size in Bethesda, and where TWR COTTAGE lies on this distribution: 28% of detached houses are smaller than TWR COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Bethesda.

TWR COTTAGE: Plot and Title Map

TWR COTTAGE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of TWR 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 TWR 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 TWR COTTAGE?

TWR COTTAGE is located on MOSTYN TERRACE in BETHESDA, in the LL57 postcode district. The below map shows the position of TWR COTTAGE on MOSTYN TERRACE.