Adjusted for inflation · Gwynedd

Have Arthog house prices beaten inflation?

Short answer: yes, comfortably. In real terms — after adjusting every year’s sold prices for inflation (CPIH) — Arthog homes are +42% since 1996, versus a headline +202% rise that ignores the falling value of money. They have grown in real terms, but still sit below their 2013 real-terms peak.

HM Land Registry & ONS CPIH · 132 sales · 1996–2025

Real-terms summary

Real growth since 1996
+42%
Headline (cash) growth
+202%
the number you usually see
Real-terms peak
£393,692
in 2013
Today vs real peak
−58%
below the peak
£53,000in 1996=£114,969today

A home that sold for £53,000 in Arthog in 1996 would need to fetch £114,969 today just to hold its value against inflation. The actual median today is £160,000 — so buyers really are paying more in real terms.

Year by year: Arthog median, cash vs real

Every year’s median sold price, then the same price restated in 2025 money using ONS CPIH — so you can see which years actually beat inflation.

YearMedian sold (cash)In today’s money (real)Real change YoY
1996£53,000£114,969
1997£33,500£71,030−38%
1998£46,500£96,419+36%
1999£50,000£101,879+6%
2000£79,000£158,000+55%
2001£127,500£250,035+58%
2002£165,000£318,263+27%
2003£157,500£297,688−6%
2004£121,250£224,951−24%
2005£135,000£245,930+9%
2006£125,000£222,538−10%
2007£193,000£335,549+51%
2008£230,000£386,071+15%
2009£190,000£312,238−19%
2010£232,679£371,549+19%
2011£184,000£282,000−24%
2012£120,500£179,984−36%
2013£270,000£393,692+119%
2014£162,000£232,370−41%
2015£190,000£267,900+15%
2016£203,750£284,443+6%
2017£130,000£176,931−38%
2018£223,500£297,859+68%
2019£126,500£165,459−44%
2020£136,000£176,088+6%
2021£201,000£253,952+44%
2022£220,000£254,8890%
2023£265,000£286,322+12%
2024£335,000£352,500+23%
2025£160,000£163,478−54%

Real figures adjust each year’s median to 2025 money using ONS CPIH. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Arthog’s real-terms peak was 2013

Arthog’s house prices hit their real-terms peak in 2013, at £393,692 in today’s money. Since then they have fallen −58% in real terms — even where the cash figure kept climbing.

The real story behind the price tag

Over 29 years, Arthog’s median rose +202% in cash. But once every year is restated in 2025 money, the genuine increase is +42%. The gap between the two is inflation dressed up as growth — the part of the rise that only kept pace with the falling pound.

Between 2005 and 2015, real prices here moved +9% — a reminder that cash charts and real charts can tell very different stories about the same market.

Cash price vs real value, side by side

The cash line is the price tag; the real line is that price in 2025 money. Where they pull apart is inflation at work.

2025
Cash price Today’s money (real)

Arthog house prices in real terms — your questions

Have Arthog house prices kept up with inflation?

Yes — after adjusting for inflation, Arthog prices are +42% since 1996, against a cash rise of +202%. The gap between the two is inflation.

What is Arthog’s house price in real terms?

The median today is £160,000. A home that sold for the 1996 median of £53,000 would be worth £114,969 in today's money — that is the real-terms benchmark.

When were Arthog houses most expensive in real terms?

In 2013, when the median reached £393,692 in today's money. Prices are −58% against that real-terms peak now.

Why is the real-terms price lower than the cash price rise?

Because part of every cash increase is just inflation — the pound buying less over time. Restating each year’s price in today’s money (using ONS CPIH) removes that effect and shows the genuine change in what a home costs.