FERNLEA, TYN Y MUR ESTATE, MORFA NEFYN, PWLLHELI, LL53 6DF - £240,000

FERNLEA is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £240,000 in October 2008, which was around 22% above the average October 2008 detached price in the Gwynedd local authority area. The most recent EPC inspection was August 2011, where the current energy rating was F, and the potential energy rating was D.

FERNLEA Sold Prices

Land registry data shows two sales for FERNLEA 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. One of the two FERNLEA sales was for above the average price, whilst the other was roughly equal to 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
2008 29 OCT	£240,000	£196,655	22% above HPI
1995 30 AUG	£59,500	£59,528	Close to HPI

FERNLEA 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 FERNLEA sales from August 1995 and October 2008 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 August 1995 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2008 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is FERNLEA?

FERNLEA is 72m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 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 FERNLEA lies on this distribution: 6% of detached houses are smaller than FERNLEA, and 94% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

FERNLEA: Plot and Title Map

FERNLEA sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of FERNLEA, 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 FERNLEA). 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 FERNLEA?

FERNLEA is located on TYN Y MUR ESTATE in MORFA NEFYN, in the LL53 postcode district. The below map shows the position of FERNLEA on TYN Y MUR ESTATE.