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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 MORLAIS is a small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £179,165. 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	£149,010	41% below HPI
2002 18 OCT	£11,625	£117,074	90% below HPI
1998 22 MAY	£42,500	£68,648	38% below HPI
1997 31 JUL	£44,000	£65,502	33% 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.

What might 2 MORLAIS be worth now?

2 MORLAIS might now be worth an estimated £179,165.

This is based on house price inflation of 102.4%, between February 2004 and December 2024, for detached houses, in the Conwy local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 102.4% inflationary increase is applied to the most recent sale price for 2 MORLAIS of £88,500 on 2nd February 2004. For the value to have increased from £88,500 to £179,165 over the nineteen years and two months to December 2024, the following assumptions must hold true:

• The value of 2 MORLAIS has moved in line with the HPI for detached houses in the Conwy local authority area.
• The February 2004 sale price of £88,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MORLAIS has not materially changed since February 2004.

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 houses in Pensarn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pensarn, and where 2 MORLAIS lies on this distribution: 22% of detached houses 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.