2, MORLAIS, PENSARN, ABERGELE, LL22 7SE - £88,500

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 MORLAIS is a small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £88,500 in February 2004, which was around 41% below the average February 2004 detached price in the Conwy local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

2 MORLAIS Sold Prices

Land registry data shows four sales for 2 MORLAIS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Conwy local authority area for the corresponding sale date. All of the four 2 MORLAIS 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
2004 2 FEB	£88,500	£150,994	41% below HPI
2002 18 OCT	£11,625	£118,633	90% below HPI
1998 22 MAY	£42,500	£69,562	39% below HPI
1997 31 JUL	£44,000	£66,375	34% below HPI

2 MORLAIS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Conwy local authority area over time, sourced from the HPI. The four 2 MORLAIS sales between July 1997 and February 2004 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 October 2002 sale was for 90% below the HPI. So the extrapolation line tracks at 90% below the HPI over time, until the February 2004 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 MORLAIS?

2 MORLAIS is 56m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Pensarn, based on EPC data. The below chart shows the distribution of detached houses by size in Pensarn, and where 2 MORLAIS lies on this distribution: 22% of detached houses are smaller than 2 MORLAIS, and 65% of houses are larger. Note that EPC data is not available for all properties in Pensarn.

2 MORLAIS: Plot and Title Map

2 MORLAIS sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 2 MORLAIS, 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 MORLAIS). 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 MORLAIS?

2 MORLAIS is located in PENSARN, in the LL22 postcode district. The below map shows the position of No. 2 on MORLAIS.