MERTON VILLA, HIGH STREET, TYWYN, LL36 9AD - £375,000

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.

MERTON VILLA is a very large extended detached house of 186m², built sometime before 1900, which could now be worth an estimated £362,928. It was last sold for £375,000 in August 2023, which was around 20% above the average August 2023 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was B.

MERTON VILLA Sold Prices

Land registry data shows three sales for MERTON VILLA 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 MERTON VILLA sales were for above the average price, whilst one was 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
2023 31 AUG	£375,000	£311,576	20% above HPI
2005 14 OCT	£207,500	£193,917	7% above HPI
1995 2 JUN	£41,000	£57,324	28% below HPI

MERTON VILLA 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 MERTON VILLA sales between June 1995 and August 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 October 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might MERTON VILLA be worth now?

MERTON VILLA might now be worth an estimated £362,928.

This is based on house price deflation of 3.2%, between August 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 3.2% deflationary decrease is applied to the most recent sale price for MERTON VILLA of £375,000 on 31st August 2023. For the value to have decreased from £375,000 to £362,928 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of MERTON VILLA has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The August 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of MERTON VILLA has not materially changed since August 2023.

How Large is MERTON VILLA?

MERTON VILLA is 186m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 10% of detached houses houses in Tywyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tywyn, and where MERTON VILLA lies on this distribution: 93% of detached houses houses are smaller than MERTON VILLA, and 7% of houses are larger. Note that EPC data is not available for all properties in Tywyn.

MERTON VILLA: Plot and Title Map

MERTON VILLA sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of MERTON VILLA, 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 MERTON VILLA). 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 MERTON VILLA?

MERTON VILLA is located on HIGH STREET in TYWYN, in the LL36 postcode district. The below map shows the position of MERTON VILLA on HIGH STREET.