OAKLEY, MINFFORDD ROAD, PENRHYNDEUDRAETH, LL48 6AU - £149,000

OAKLEY is a small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £149,000 in August 2018, which was around 32% below the average August 2018 detached price in the Gwynedd local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

OAKLEY Sold Prices

Land registry data shows four sales for OAKLEY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. All of the four OAKLEY 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 3 AUG	£149,000	£220,536	32% below HPI
2007 16 JUL	£170,000	£218,582	22% below HPI
2004 9 SEP	£140,000	£174,632	20% below HPI
2000 27 NOV	£50,000	£81,690	39% below HPI

OAKLEY 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 four OAKLEY sales between November 2000 and August 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 July 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is OAKLEY?

OAKLEY is 87m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Penrhyndeudraeth, based on EPC data. The below chart shows the distribution of detached houses by size in Penrhyndeudraeth, and where OAKLEY lies on this distribution: 31% of detached houses are smaller than OAKLEY, and 69% of houses are larger. Note that EPC data is not available for all properties in Penrhyndeudraeth.

OAKLEY: Plot and Title Map

OAKLEY sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of OAKLEY, 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 OAKLEY). 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 OAKLEY?

OAKLEY is located on MINFFORDD ROAD in PENRHYNDEUDRAETH, in the LL48 postcode district. The below map shows the position of OAKLEY on MINFFORDD ROAD.