TANWYNFA, PENRHOSGARNEDD, BANGOR, LL57 2NH - £245,000

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.

TANWYNFA is a very small extended detached house of 82m², built sometime before 1900, which could now be worth an estimated £281,185. It was last sold for £245,000 in December 2020, which was around 8% below the average December 2020 detached price in the Gwynedd local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

TANWYNFA Sold Prices

Land registry data shows two sales for TANWYNFA 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 TANWYNFA 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
2020 15 DEC	£245,000	£265,731	8% below HPI
2018 6 JUL	£100,000	£223,205	55% below HPI

TANWYNFA 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 TANWYNFA sales from July 2018 and December 2020 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 2018 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the December 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might TANWYNFA be worth now?

TANWYNFA might now be worth an estimated £281,185.

This is based on house price inflation of 14.8%, between December 2020 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 14.8% inflationary increase is applied to the most recent sale price for TANWYNFA of £245,000 on 15th December 2020. For the value to have increased from £245,000 to £281,185 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of TANWYNFA has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The December 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of TANWYNFA has not materially changed since December 2020.

How Large is TANWYNFA?

TANWYNFA is 82m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses houses in Bangor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bangor, and where TANWYNFA lies on this distribution: 9% of detached houses houses are smaller than TANWYNFA, and 91% of houses are larger. Note that EPC data is not available for all properties in Bangor.

TANWYNFA: Plot and Title Map

TANWYNFA sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of TANWYNFA, 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 TANWYNFA). 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 TANWYNFA?

TANWYNFA is located in PENRHOSGARNEDD, in the LL57 postcode district. The below map shows the position of TANWYNFA in PENRHOSGARNEDD.