2, MIN Y TRAETH, LON BRIDIN, MORFA NEFYN, PWLLHELI, LL53 6BY - £500,000

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

2 MIN Y TRAETH is a midsized extended detached house of 119m², built sometime between 1976 and 1982. It was last sold for £500,000 in July 2021, which was around 88% above the average July 2021 detached price in the Gwynedd local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

2 MIN Y TRAETH Sold Prices

Land registry data shows two sales for 2 MIN Y TRAETH 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 2 MIN Y TRAETH 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
2021 30 JUL	£500,000	£265,991	88% above HPI
2005 30 JUN	£210,000	£180,971	16% above HPI

2 MIN Y TRAETH 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 2 MIN Y TRAETH sales from June 2005 and July 2021 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 June 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2021 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is 2 MIN Y TRAETH?

2 MIN Y TRAETH is 119m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 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 2 MIN Y TRAETH lies on this distribution: 59% of detached houses are smaller than 2 MIN Y TRAETH, and 40% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

2 MIN Y TRAETH: Plot and Title Map

2 MIN Y TRAETH sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 2 MIN Y TRAETH, 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 2 MIN Y TRAETH). 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 2 MIN Y TRAETH?

2 MIN Y TRAETH is located on LON BRIDIN in MORFA NEFYN, in the LL53 postcode district. The below map shows the position of 2 MIN Y TRAETH on LON BRIDIN.