3, CEFN Y GADER, MORFA BYCHAN, PORTHMADOG, LL49 9JA - £230,000

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

3 CEFN Y GADER is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £230,000 in December 2022, which was around 25% below the average December 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.

3 CEFN Y GADER Sold Prices

Land registry data shows two sales for 3 CEFN Y GADER 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 3 CEFN Y GADER 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
2022 1 DEC	£230,000	£308,528	25% below HPI
2000 12 MAY	£59,950	£75,054	20% below HPI

3 CEFN Y GADER 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 3 CEFN Y GADER sales from May 2000 and December 2022 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 May 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 CEFN Y GADER?

3 CEFN Y GADER is 73m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Morfa Bychan, based on EPC data. The below chart shows the distribution of detached houses by size in Morfa Bychan, and where 3 CEFN Y GADER lies on this distribution: 17% of detached houses are smaller than 3 CEFN Y GADER, and 81% of houses are larger. Note that EPC data is not available for all properties in Morfa Bychan.

3 CEFN Y GADER: Plot and Title Map

3 CEFN Y GADER sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 3 CEFN Y GADER, 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 3 CEFN Y GADER). 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 3 CEFN Y GADER?

3 CEFN Y GADER is located in MORFA BYCHAN, in the LL49 postcode district. The below map shows the position of No. 3 on CEFN Y GADER.