ASHGROVE, GROESLON, CAERNARFON, LL54 7ST - £77,000

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.

ASHGROVE is a very small detached house of 60m², built sometime between 1900 and 1929, which could now be worth an estimated £101,466. It was last sold for £77,000 in July 2019, which was around 67% below the average July 2019 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

ASHGROVE Sold Prices

Land registry data shows two sales for ASHGROVE 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 ASHGROVE 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
2019 30 JUL	£77,000	£233,349	67% below HPI
2013 22 FEB	£72,000	£195,914	63% below HPI

ASHGROVE 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 ASHGROVE sales from February 2013 and July 2019 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 February 2013 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the July 2019 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

What might ASHGROVE be worth now?

ASHGROVE might now be worth an estimated £101,466.

This is based on house price inflation of 31.8%, between July 2019 and April 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 31.8% inflationary increase is applied to the most recent sale price for ASHGROVE of £77,000 on 30th July 2019. For the value to have increased from £77,000 to £101,466 over the seven years and three months to April 2026, the following assumptions must hold true:

• The value of ASHGROVE has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The July 2019 sale price of £77,000 represented a fair market value for the property.
• The size, condition, and specification of ASHGROVE has not materially changed since July 2019.

How Large is ASHGROVE?

ASHGROVE is 60m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses houses in Groeslon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Groeslon, and where ASHGROVE lies on this distribution: Less than 1% of detached houses houses are smaller than ASHGROVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Groeslon.

ASHGROVE: Plot and Title Map

ASHGROVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of ASHGROVE, 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 ASHGROVE). 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 ASHGROVE?

ASHGROVE is located in GROESLON, in the LL54 postcode district. The below map shows the position of ASHGROVE in GROESLON.