FRON OLAU, LON BRIDIN, MORFA NEFYN, PWLLHELI, LL53 6BY - £505,000

FRON OLAU is a very large detached house of 169m², built sometime between 1983 and 1990. It was last sold for £505,000 in December 2020, which was around 95% above the average December 2020 detached price in the Gwynedd local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

FRON OLAU Sold Prices

Land registry data shows two sales for FRON OLAU 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 FRON OLAU 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
2020 18 DEC	£505,000	£259,623	95% above HPI
2000 21 DEC	£150,000	£81,844	83% above HPI

FRON OLAU 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 FRON OLAU sales from December 2000 and December 2020 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 2000 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the December 2020 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is FRON OLAU?

FRON OLAU is 169m² according to the EPC inspection conducted in February 2016. This puts it in the largest 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 FRON OLAU lies on this distribution: 90% of detached houses are smaller than FRON OLAU, and 10% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

FRON OLAU: Plot and Title Map

FRON OLAU sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of FRON OLAU, 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 FRON OLAU). 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 FRON OLAU?

FRON OLAU is located on LON BRIDIN in MORFA NEFYN, in the LL53 postcode district. The below map shows the position of FRON OLAU on LON BRIDIN.