CYMERAU, LON Y CASTELL, NEFYN, PWLLHELI, LL53 6EE - £375,000

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.

CYMERAU is a large detached house of 128m², built sometime between 1930 and 1949, which could now be worth an estimated £390,740. It was last sold for £375,000 in January 2022, which was around 28% above the average January 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

CYMERAU Sold Prices

Land registry data shows two sales for CYMERAU 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. One of the two CYMERAU sales was for above the average price, whilst the other was 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
2022 6 JAN	£375,000	£292,693	28% above HPI
2002 21 JUN	£78,950	£92,544	15% below HPI

CYMERAU 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 CYMERAU sales from June 2002 and January 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 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2022 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might CYMERAU be worth now?

CYMERAU might now be worth an estimated £390,740.

This is based on house price inflation of 4.2%, between January 2022 and March 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 4.2% inflationary increase is applied to the most recent sale price for CYMERAU of £375,000 on 6th January 2022. For the value to have increased from £375,000 to £390,740 over the two years and ten months to March 2025, the following assumptions must hold true:

• The value of CYMERAU has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The January 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of CYMERAU has not materially changed since January 2022.

How Large is CYMERAU?

CYMERAU is 128m² according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses houses in Nefyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nefyn, and where CYMERAU lies on this distribution: 69% of detached houses houses are smaller than CYMERAU, and 30% of houses are larger. Note that EPC data is not available for all properties in Nefyn.

CYMERAU: Plot and Title Map

CYMERAU sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of CYMERAU, 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 CYMERAU). 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 CYMERAU?

CYMERAU is located on LON Y CASTELL in NEFYN, in the LL53 postcode district. The below map shows the position of CYMERAU on LON Y CASTELL.