TY HIR, CRICCIETH, LL52 0RP - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

TY HIR is a very small extended detached house of 95m², built sometime between 2007 and 2011, which could now be worth an estimated £426,116. It was last sold for £450,000 in November 2022, which was around 41% above the average November 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

TY HIR Sold Prices

Land registry data shows two sales for TY HIR 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 TY HIR 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
2022 28 NOV	£450,000	£318,448	41% above HPI
2009 30 JUN	£203,500	£192,225	6% above HPI

TY HIR 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 TY HIR sales from June 2009 and November 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 June 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2022 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might TY HIR be worth now?

TY HIR might now be worth an estimated £426,116.

This is based on house price deflation of 5.3%, between November 2022 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 5.3% deflationary decrease is applied to the most recent sale price for TY HIR of £450,000 on 28th November 2022. For the value to have decreased from £450,000 to £426,116 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of TY HIR has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The November 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of TY HIR has not materially changed since November 2022.

How Large is TY HIR?

TY HIR is 95m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses houses in Criccieth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Criccieth, and where TY HIR lies on this distribution: 14% of detached houses houses are smaller than TY HIR, and 84% of houses are larger. Note that EPC data is not available for all properties in Criccieth.

TY HIR: Plot and Title Map

TY HIR sits on a plot of roughly 0.848 of an acre, or 3,432m². The below map shows the location of TY HIR, 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 TY HIR). 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 TY HIR?

TY HIR is located in CRICCIETH, in the LL52 postcode district. The below map shows the position of TY HIR in CRICCIETH.