CAE IFAN, LON ISAF, MORFA NEFYN, PWLLHELI, LL53 6BW - £173,000

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 IFAN is a very small extended detached house of 74m², built sometime before 1900. It was last sold for £173,000 in July 2010, which was around 15% below the average July 2010 detached price in the Gwynedd local authority area. The most recent EPC inspection was July 2010, where the current energy rating was F, and the potential energy rating was E.

CAE IFAN Sold Prices

Land registry data shows two sales for CAE IFAN 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 IFAN 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
2010 30 JUL	£173,000	£202,419	15% below HPI
2007 2 OCT	£205,000	£221,856	8% below HPI

CAE IFAN 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 IFAN sales from October 2007 and July 2010 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 October 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2010 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is CAE IFAN?

CAE IFAN is 74m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% 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 IFAN lies on this distribution: 12% of detached houses are smaller than CAE IFAN, and 88% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

CAE IFAN: Plot and Title Map

CAE IFAN sits on a plot of roughly 0.077 of an acre, or 314m². The below map shows the location of CAE IFAN, 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 IFAN). 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 IFAN?

CAE IFAN is located on LON ISAF in MORFA NEFYN, in the LL53 postcode district. The below map shows the position of CAE IFAN on LON ISAF.