3, MORFA LODGE ESTATE, PORTHMADOG, LL49 9PF - £187,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 MORFA LODGE ESTATE is a midsized extended semi-detached house of 92m², built sometime between 1950 and 1966. It was last sold for £187,000 in December 2017, which was around 16% below the average December 2017 detached price in the Gwynedd local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

3 MORFA LODGE ESTATE Sold Prices

Land registry data shows two sales for 3 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. Both of the two 3 MORFA LODGE ESTATE 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
2017 20 DEC	£187,000	£223,247	16% below HPI
2013 17 JUL	£164,000	£195,467	16% below HPI

3 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 3 MORFA LODGE ESTATE sales from July 2013 and December 2017 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 July 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2017 sale, which was also at 16% below the HPI.

How Large is 3 MORFA LODGE ESTATE?

3 MORFA LODGE ESTATE is 92m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 50% of detached houses in Porthmadog, based on EPC data. The below chart shows the distribution of detached houses by size in Porthmadog, and where 3 MORFA LODGE ESTATE lies on this distribution: 47% of detached houses are smaller than 3 MORFA LODGE ESTATE, and 51% of houses are larger. Note that EPC data is not available for all properties in Porthmadog.

3 MORFA LODGE ESTATE: Plot and Title Map

3 MORFA LODGE ESTATE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 3 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 3 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 3 MORFA LODGE ESTATE?

3 MORFA LODGE ESTATE is located in PORTHMADOG, in the LL49 postcode district. The below map shows the position of No. 3 on MORFA LODGE ESTATE.