9, HEOL Y CADER, FAIRBOURNE, LL38 2TZ - £150,000

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.

9 HEOL Y CADER is a very small detached house of 61m², built sometime between 1976 and 1982, which could now be worth an estimated £202,647. It was last sold for £150,000 in July 2018, which was around 33% below the average July 2018 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was A.

9 HEOL Y CADER Sold Prices

Land registry data shows three sales for 9 HEOL Y CADER 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 9 HEOL Y CADER 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
2018 11 JUL	£150,000	£223,205	33% below HPI
2011 28 APR	£150,000	£191,790	22% below HPI
2007 30 JUL	£145,000	£223,725	35% below HPI

9 HEOL Y CADER 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 9 HEOL Y CADER sales between July 2007 and July 2018 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 April 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 9 HEOL Y CADER be worth now?

9 HEOL Y CADER might now be worth an estimated £202,647.

This is based on house price inflation of 35.1%, between July 2018 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 35.1% inflationary increase is applied to the most recent sale price for 9 HEOL Y CADER of £150,000 on 11th July 2018. For the value to have increased from £150,000 to £202,647 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 9 HEOL Y CADER has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The July 2018 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 9 HEOL Y CADER has not materially changed since July 2018.

How Large is 9 HEOL Y CADER?

9 HEOL Y CADER is 61m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 9 HEOL Y CADER lies on this distribution: 20% of detached houses houses are smaller than 9 HEOL Y CADER, and 76% of houses are larger. Note that EPC data is not available for all properties in Fairbourne.

9 HEOL Y CADER: Plot and Title Map

9 HEOL Y CADER sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 9 HEOL Y CADER, 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 9 HEOL Y CADER). 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 9 HEOL Y CADER?

9 HEOL Y CADER is located in FAIRBOURNE, in the LL38 postcode district. The below map shows the position of No. 9 on HEOL Y CADER.