GARNEDD, LON PENRHOS, MORFA NEFYN, PWLLHELI, LL53 6BL - £208,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GARNEDD is a small extended detached house of 96m², built sometime between 1900 and 1929, which could now be worth an estimated £196,613. It was last sold for £208,000 in September 2023, which was around 35% below the average September 2023 detached price in the Gwynedd local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

GARNEDD Sold Prices

Land registry data shows three sales for GARNEDD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. Two of the three GARNEDD sales were for below the average price, whilst one was 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
2023 6 SEP	£208,000	£319,011	35% below HPI
2002 3 MAY	£99,500	£90,447	10% above HPI
1999 10 SEP	£59,000	£70,759	17% below HPI

GARNEDD 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 three GARNEDD sales between September 1999 and September 2023 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 May 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might GARNEDD be worth now?

GARNEDD might now be worth an estimated £196,613.

This is based on house price deflation of 5.5%, between September 2023 and February 2025, for detached houses, in the Gwynedd local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% deflationary decrease is applied to the most recent sale price for GARNEDD of £208,000 on 6th September 2023. For the value to have decreased from £208,000 to £196,613 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of GARNEDD has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The September 2023 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of GARNEDD has not materially changed since September 2023.

How Large is GARNEDD?

GARNEDD is 96m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses houses in Morfa Nefyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morfa Nefyn, and where GARNEDD lies on this distribution: 32% of detached houses houses are smaller than GARNEDD, and 68% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

GARNEDD: Plot and Title Map

GARNEDD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of GARNEDD, 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 GARNEDD). 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 GARNEDD?

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