22, MORFA LODGE ESTATE, PORTHMADOG, LL49 9PF - £310,000

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

22 MORFA LODGE ESTATE is a large extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £310,000 in May 2023, which was around 9% above the average May 2023 detached price in the Gwynedd local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

22 MORFA LODGE ESTATE Sold Prices

Land registry data shows two sales for 22 MORFA LODGE ESTATE 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. One of the two 22 MORFA LODGE ESTATE sales was for above the average price, whilst the other was 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
2023 25 MAY	£310,000	£285,013	9% above HPI
2019 30 AUG	£165,000	£231,524	29% below HPI

22 MORFA LODGE ESTATE 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 22 MORFA LODGE ESTATE sales from August 2019 and May 2023 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 August 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 22 MORFA LODGE ESTATE?

22 MORFA LODGE ESTATE is 119m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Porthmadog, based on EPC data. The below chart shows the distribution of detached houses by size in Porthmadog, and where 22 MORFA LODGE ESTATE lies on this distribution: 74% of detached houses are smaller than 22 MORFA LODGE ESTATE, and 26% of houses are larger. Note that EPC data is not available for all properties in Porthmadog.

22 MORFA LODGE ESTATE: Plot and Title Map

22 MORFA LODGE ESTATE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 22 MORFA LODGE ESTATE, 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 22 MORFA LODGE ESTATE). 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 22 MORFA LODGE ESTATE?

22 MORFA LODGE ESTATE is located in PORTHMADOG, in the LL49 postcode district. The below map shows the position of No. 22 on MORFA LODGE ESTATE.