23, WERN Y WYLAN, MORFA NEFYN, PWLLHELI, LL53 6DG - £320,000

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

23 WERN Y WYLAN is a small detached house of 99m², built sometime between 1991 and 1995. It was last sold for £320,000 in June 2019, which was around 38% above the average June 2019 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

23 WERN Y WYLAN Sold Prices

Land registry data shows three sales for 23 WERN Y WYLAN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. All of the three 23 WERN Y WYLAN 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
2019 28 JUN	£320,000	£231,727	38% above HPI
2002 25 FEB	£120,000	£86,295	39% above HPI
1997 1 MAY	£74,000	£59,545	24% above HPI

23 WERN Y WYLAN 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 three 23 WERN Y WYLAN sales between May 1997 and June 2019 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 February 2002 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2019 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 23 WERN Y WYLAN?

23 WERN Y WYLAN is 99m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 23 WERN Y WYLAN lies on this distribution: 35% of detached houses are smaller than 23 WERN Y WYLAN, and 63% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

23 WERN Y WYLAN: Plot and Title Map

23 WERN Y WYLAN sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 23 WERN Y WYLAN, 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 23 WERN Y WYLAN). 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 23 WERN Y WYLAN?

23 WERN Y WYLAN is located in MORFA NEFYN, in the LL53 postcode district. The below map shows the position of No. 23 on WERN Y WYLAN.