ARFON, BEACH ROAD, MORFA BYCHAN, PORTHMADOG, LL49 9YA - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ARFON is a large extended detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £299,723. It was last sold for £300,000 in October 2024, which was around 1% below the average October 2024 detached price in the Gwynedd local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was D.

ARFON Sold Prices

Land registry data shows three sales for ARFON 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. Two of the three ARFON sales were for below the average price, whilst one was 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
2024 8 OCT	£300,000	£301,825	1% below HPI
2010 4 JAN	£247,500	£201,875	23% above HPI
2005 28 OCT	£190,000	£193,917	2% below HPI

ARFON 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 ARFON sales between October 2005 and October 2024 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 January 2010 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might ARFON be worth now?

ARFON might now be worth an estimated £299,723.

This is based on house price deflation of 0.1%, between October 2024 and February 2025, for detached houses, in the Gwynedd local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.1% deflationary decrease is applied to the most recent sale price for ARFON of £300,000 on 8th October 2024. For the value to have decreased from £300,000 to £299,723 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of ARFON has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The October 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of ARFON has not materially changed since October 2024.

How Large is ARFON?

ARFON is 138m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 20% of detached houses houses in Morfa Bychan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morfa Bychan, and where ARFON lies on this distribution: 77% of detached houses houses are smaller than ARFON, and 19% of houses are larger. Note that EPC data is not available for all properties in Morfa Bychan.

ARFON: Plot and Title Map

ARFON sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of ARFON, 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 ARFON). 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 ARFON?

ARFON is located on BEACH ROAD in MORFA BYCHAN, in the LL49 postcode district. The below map shows the position of ARFON on BEACH ROAD.