10, MORFA CRESCENT, TYWYN, LL36 9AU - £238,000

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.

10 MORFA CRESCENT is a large detached house of 131m², built sometime between 1950 and 1966, which could now be worth an estimated £340,344. It was last sold for £238,000 in February 2016, which was around 13% above the average February 2016 detached price in the Gwynedd local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

10 MORFA CRESCENT Sold Prices

Land registry data shows two sales for 10 MORFA CRESCENT 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 10 MORFA CRESCENT 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
2016 18 FEB	£238,000	£210,869	13% above HPI
1999 15 NOV	£86,000	£74,819	15% above HPI

10 MORFA CRESCENT 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 10 MORFA CRESCENT sales from November 1999 and February 2016 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 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 10 MORFA CRESCENT be worth now?

10 MORFA CRESCENT might now be worth an estimated £340,344.

This is based on house price inflation of 43%, between February 2016 and February 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 43% inflationary increase is applied to the most recent sale price for 10 MORFA CRESCENT of £238,000 on 18th February 2016. For the value to have increased from £238,000 to £340,344 over the nine years to February 2025, the following assumptions must hold true:

• The value of 10 MORFA CRESCENT has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The February 2016 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MORFA CRESCENT has not materially changed since February 2016.

How Large is 10 MORFA CRESCENT?

10 MORFA CRESCENT is 131m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses houses in Tywyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tywyn, and where 10 MORFA CRESCENT lies on this distribution: 73% of detached houses houses are smaller than 10 MORFA CRESCENT, and 27% of houses are larger. Note that EPC data is not available for all properties in Tywyn.

10 MORFA CRESCENT: Plot and Title Map

10 MORFA CRESCENT sits on a plot of roughly 373.0 acres, or 1,509,478m². The below map shows the location of 10 MORFA CRESCENT, 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 10 MORFA CRESCENT). 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 10 MORFA CRESCENT?

10 MORFA CRESCENT is located in TYWYN, in the LL36 postcode district. The below map shows the position of No. 10 on MORFA CRESCENT.