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

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

GARNEDD is a small extended detached house of 96m², built sometime between 1900 and 1929. It was last sold for £208,000 in September 2023, which was around 33% 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	£312,000	33% below HPI
2002 3 MAY	£99,500	£88,368	13% above HPI
1999 10 SEP	£59,000	£69,133	15% 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

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 in Morfa Nefyn, based on EPC data. The below chart shows the distribution of detached houses by size in Morfa Nefyn, and where GARNEDD lies on this distribution: 33% of detached houses are smaller than GARNEDD, and 67% 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.