ERW WEN, LON PENRHOS, MORFA NEFYN, PWLLHELI, LL53 6BL - £335,000

ERW WEN is a small detached house of 99m², built sometime between 1930 and 1949. It was last sold for £335,000 in May 2017, which was around 54% above the average May 2017 detached price in the Gwynedd local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was C.

ERW WEN Sold Prices

Land registry data shows two sales for ERW WEN 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 ERW WEN sales were 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
2017 12 MAY	£335,000	£217,038	54% above HPI
1998 7 AUG	£87,000	£67,400	29% above HPI

ERW WEN 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 ERW WEN sales from August 1998 and May 2017 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 August 1998 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2017 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is ERW WEN?

ERW WEN is 99m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses in Morfa Nefyn, based on EPC data. The below chart shows the distribution of detached houses by size in Morfa Nefyn, and where ERW WEN lies on this distribution: 35% of detached houses are smaller than ERW WEN, and 63% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

ERW WEN: Plot and Title Map

ERW WEN sits on a plot of roughly 0.214 of an acre, or 868m². The below map shows the location of ERW WEN, 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 ERW WEN). 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 ERW WEN?

ERW WEN is located on LON PENRHOS in MORFA NEFYN, in the LL53 postcode district. The below map shows the position of ERW WEN on LON PENRHOS.