10, MORFA LODGE ESTATE, PORTHMADOG, LL49 9PF - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 MORFA LODGE ESTATE is a very large detached house of 189m², built sometime from 2007 onwards. It was last sold for £375,000 in April 2022, which was around 26% above the average April 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

10 MORFA LODGE ESTATE Sold Prices

Land registry data shows three sales for 10 MORFA LODGE ESTATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. One of the three 10 MORFA LODGE ESTATE sales was for above the average price, whilst two 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
2022 29 APR	£375,000	£297,114	26% above HPI
2004 7 MAY	£60,000	£146,982	59% below HPI
2002 6 SEP	£97,000	£101,538	4% below HPI

10 MORFA LODGE ESTATE 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 three 10 MORFA LODGE ESTATE sales between September 2002 and April 2022 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 May 2004 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the April 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 10 MORFA LODGE ESTATE?

10 MORFA LODGE ESTATE is 189m² according to the EPC inspection conducted in September 2012. This puts it in the largest 10% of detached houses in Porthmadog, based on EPC data. The below chart shows the distribution of detached houses by size in Porthmadog, and where 10 MORFA LODGE ESTATE lies on this distribution: 96% of detached houses are smaller than 10 MORFA LODGE ESTATE, and 4% of houses are larger. Note that EPC data is not available for all properties in Porthmadog.

10 MORFA LODGE ESTATE: Plot and Title Map

10 MORFA LODGE ESTATE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 10 MORFA LODGE ESTATE, 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 LODGE ESTATE). 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 LODGE ESTATE?

10 MORFA LODGE ESTATE is located in PORTHMADOG, in the LL49 postcode district. The below map shows the position of No. 10 on MORFA LODGE ESTATE.