11, Y FFRIDD, MORFA BYCHAN, PORTHMADOG, LL49 9YR - £184,000

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

11 Y FFRIDD is a small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £184,000 in June 2017, which was around 15% below the average June 2017 detached price in the Gwynedd local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

11 Y FFRIDD Sold Prices

Land registry data shows three sales for 11 Y FFRIDD 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. The three 11 Y FFRIDD sales were a mix of below the average price, and roughly equal to 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 20 JUN	£184,000	£216,708	15% below HPI
2016 19 JAN	£170,000	£207,830	18% below HPI
2012 25 APR	£191,000	£191,881	Close to HPI

11 Y FFRIDD 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 11 Y FFRIDD sales between April 2012 and June 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 January 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 11 Y FFRIDD?

11 Y FFRIDD is 74m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% of detached houses in Morfa Bychan, based on EPC data. The below chart shows the distribution of detached houses by size in Morfa Bychan, and where 11 Y FFRIDD lies on this distribution: 23% of detached houses are smaller than 11 Y FFRIDD, and 77% of houses are larger. Note that EPC data is not available for all properties in Morfa Bychan.

11 Y FFRIDD: Plot and Title Map

11 Y FFRIDD sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 11 Y FFRIDD, 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 11 Y FFRIDD). 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 11 Y FFRIDD?

11 Y FFRIDD is located in MORFA BYCHAN, in the LL49 postcode district. The below map shows the position of No. 11 on Y FFRIDD.