CAE GWRLI, MORFA NEFYN, PWLLHELI, LL53 6AB - £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

CAE GWRLI is a small extended detached house of 97m², built sometime before 1900. It was last sold for £310,000 in December 2021, which was around 11% above the average December 2021 detached price in the Gwynedd local authority area. The most recent EPC inspection was July 2020, where the current energy rating was G, and the potential energy rating was B.

CAE GWRLI Sold Prices

Land registry data shows two sales for CAE GWRLI 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 CAE GWRLI 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
2021 16 DEC	£310,000	£279,266	11% above HPI
2017 18 DEC	£280,000	£223,247	25% above HPI

CAE GWRLI 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 CAE GWRLI sales from December 2017 and December 2021 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 December 2017 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is CAE GWRLI?

CAE GWRLI is 97m², which includes three extensions, according to the EPC inspection conducted in July 2020. 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 CAE GWRLI lies on this distribution: 34% of detached houses are smaller than CAE GWRLI, and 66% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

CAE GWRLI: Plot and Title Map

CAE GWRLI sits on a plot of roughly 0.383 of an acre, or 1,551m². The below map shows the location of CAE GWRLI, 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 CAE GWRLI). 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 CAE GWRLI?

CAE GWRLI is located in MORFA NEFYN, in the LL53 postcode district. The below map shows the position of CAE GWRLI in MORFA NEFYN.