18, CEFN Y GADER, MORFA BYCHAN, PORTHMADOG, LL49 9JA - £130,000

18 CEFN Y GADER is a very small detached house of 50m², built sometime between 1983 and 1990. It was last sold for £130,000 in November 2017, which was around 42% below the average November 2017 detached price in the Gwynedd local authority area. The most recent EPC inspection was September 2018, where the current energy rating was F, and the potential energy rating was D.

18 CEFN Y GADER Sold Prices

Land registry data shows two sales for 18 CEFN Y GADER 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 18 CEFN Y GADER sales 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
2017 17 NOV	£130,000	£224,118	42% below HPI
2003 7 NOV	£108,000	£140,272	23% below HPI

18 CEFN Y GADER 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 18 CEFN Y GADER sales from November 2003 and November 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 November 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 18 CEFN Y GADER?

18 CEFN Y GADER is 50m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 18 CEFN Y GADER lies on this distribution: Less than 1% of detached houses are smaller than 18 CEFN Y GADER, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Morfa Bychan.

18 CEFN Y GADER: Plot and Title Map

18 CEFN Y GADER sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 18 CEFN Y GADER, 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 18 CEFN Y GADER). 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 18 CEFN Y GADER?

18 CEFN Y GADER is located in MORFA BYCHAN, in the LL49 postcode district. The below map shows the position of No. 18 on CEFN Y GADER.