LOWER MILL COTTAGE, MILL STREET, LLWYNGWRIL, LL37 2JA - £149,500

LOWER MILL COTTAGE is a small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £149,500 in February 2019, which was around 35% below the average February 2019 detached price in the Gwynedd local authority area. The most recent EPC inspection was October 2016, where the current energy rating was G, and the potential energy rating was B.

LOWER MILL COTTAGE Sold Prices

Land registry data shows three sales for LOWER MILL COTTAGE 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. Two of the three LOWER MILL COTTAGE sales were for below the average price, whilst one was 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
2019 4 FEB	£149,500	£228,353	35% below HPI
2016 22 NOV	£141,000	£214,925	34% below HPI
1996 12 JUL	£58,000	£56,193	3% above HPI

LOWER MILL COTTAGE 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 LOWER MILL COTTAGE sales between July 1996 and February 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 November 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is LOWER MILL COTTAGE?

LOWER MILL COTTAGE is 100m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Llwyngwril, based on EPC data. The below chart shows the distribution of detached houses by size in Llwyngwril, and where LOWER MILL COTTAGE lies on this distribution: 28% of detached houses are smaller than LOWER MILL COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Llwyngwril.

LOWER MILL COTTAGE: Plot and Title Map

LOWER MILL COTTAGE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of LOWER MILL COTTAGE, 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 LOWER MILL COTTAGE). 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 LOWER MILL COTTAGE?

LOWER MILL COTTAGE is located on MILL STREET in LLWYNGWRIL, in the LL37 postcode district. The below map shows the position of LOWER MILL COTTAGE on MILL STREET.