22, MINFFORDD, LLANRUG, CAERNARFON, LL55 4PU - £215,000

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.

22 MINFFORDD is a small detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £223,718. It was last sold for £215,000 in July 2023, which was around 29% below the average July 2023 detached price in the Gwynedd local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

22 MINFFORDD Sold Prices

Land registry data shows two sales for 22 MINFFORDD 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 22 MINFFORDD 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
2023 21 JUL	£215,000	£303,443	29% below HPI
2017 26 MAY	£162,000	£222,144	27% below HPI

22 MINFFORDD 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 22 MINFFORDD sales from May 2017 and July 2023 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 May 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 22 MINFFORDD be worth now?

22 MINFFORDD might now be worth an estimated £223,718.

This is based on house price inflation of 4.1%, between July 2023 and May 2026, 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 4.1% inflationary increase is applied to the most recent sale price for 22 MINFFORDD of £215,000 on 21st July 2023. For the value to have increased from £215,000 to £223,718 over the three years and two months to May 2026, the following assumptions must hold true:

• The value of 22 MINFFORDD has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The July 2023 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MINFFORDD has not materially changed since July 2023.

How Large is 22 MINFFORDD?

22 MINFFORDD is 85m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses houses in Llanrug, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanrug, and where 22 MINFFORDD lies on this distribution: 23% of detached houses houses are smaller than 22 MINFFORDD, and 77% of houses are larger. Note that EPC data is not available for all properties in Llanrug.

Where is 22 MINFFORDD?

22 MINFFORDD is located in LLANRUG, in the LL55 postcode district. The below map shows the position of No. 22 on MINFFORDD.