FARAWAY, LON GOLFF, MORFA NEFYN, PWLLHELI, LL53 6DA - £686,500

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

FARAWAY is a very large detached house of 262m², built in 2018. It was last sold for £686,500 in June 2024, which was around 145% above the average June 2024 detached price in the Gwynedd local authority area. The most recent EPC inspection was August 2023, where the current energy rating was B, and the potential energy rating was B.

FARAWAY Sold Prices

Land registry data shows two sales for FARAWAY 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 FARAWAY 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
2024 28 JUN	£686,500	£279,789	145% above HPI
2017 7 JUL	£237,500	£213,127	11% above HPI

FARAWAY 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 FARAWAY sales from July 2017 and June 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 July 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2024 sale, where it rises to 145% above the HPI. The line then continues to track at 145% above the HPI.

How Large is FARAWAY?

FARAWAY is 262m² according to the EPC inspection conducted in August 2023. This puts it in the largest 10% 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 FARAWAY lies on this distribution: 94% of detached houses are smaller than FARAWAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

FARAWAY: Plot and Title Map

FARAWAY sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of FARAWAY, 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 FARAWAY). 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 FARAWAY?

FARAWAY is located on LON GOLFF in MORFA NEFYN, in the LL53 postcode district. The below map shows the position of FARAWAY on LON GOLFF.