HAFAN, MORFA BYCHAN, PORTHMADOG, LL49 9UY - £171,000

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

HAFAN is a small extended detached house of 76m², built sometime between 1930 and 1949. It was last sold for £171,000 in July 2015, which was around 20% below the average July 2015 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2013, where the current energy rating was F, and the potential energy rating was C.

HAFAN Sold Prices

Land registry data shows two sales for HAFAN 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 HAFAN sales were for below 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
2015 17 JUL	£171,000	£213,633	20% below HPI
2007 24 JAN	£180,000	£204,023	12% below HPI

HAFAN 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 HAFAN sales from January 2007 and July 2015 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 January 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is HAFAN?

HAFAN is 76m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Morfa Bychan, based on EPC data. The below chart shows the distribution of detached houses by size in Morfa Bychan, and where HAFAN lies on this distribution: 29% of detached houses are smaller than HAFAN, and 69% of houses are larger. Note that EPC data is not available for all properties in Morfa Bychan.

HAFAN: Plot and Title Map

HAFAN sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of HAFAN, 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 HAFAN). 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 HAFAN?

HAFAN is located in MORFA BYCHAN, in the LL49 postcode district. The below map shows the position of HAFAN in MORFA BYCHAN.