NANT EITHIN, Y FFRIDD, MORFA BYCHAN, PORTHMADOG, LL49 9YR - £523,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NANT EITHIN is a very large detached house of 196m², built sometime between 1996 and 2002, which could now be worth an estimated £508,281. It was last sold for £523,000 in March 2022, which was around 72% above the average March 2022 detached price in the Gwynedd local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

NANT EITHIN Sold Prices

Land registry data shows two sales for NANT EITHIN 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 NANT EITHIN 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
2022 28 MAR	£523,000	£304,646	72% above HPI
2015 10 AUG	£340,000	£220,279	54% above HPI

NANT EITHIN 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 NANT EITHIN sales from August 2015 and March 2022 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 August 2015 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2022 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might NANT EITHIN be worth now?

NANT EITHIN might now be worth an estimated £508,281.

This is based on house price deflation of 2.8%, between March 2022 and December 2024, 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 2.8% deflationary decrease is applied to the most recent sale price for NANT EITHIN of £523,000 on 28th March 2022. For the value to have decreased from £523,000 to £508,281 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of NANT EITHIN has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The March 2022 sale price of £523,000 represented a fair market value for the property.
• The size, condition, and specification of NANT EITHIN has not materially changed since March 2022.

How Large is NANT EITHIN?

NANT EITHIN is 196m² according to the EPC inspection conducted in February 2012. This puts it in the largest 10% of detached houses houses in Morfa Bychan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morfa Bychan, and where NANT EITHIN lies on this distribution: 95% of detached houses houses are smaller than NANT EITHIN, and 5% of houses are larger. Note that EPC data is not available for all properties in Morfa Bychan.

NANT EITHIN: Plot and Title Map

NANT EITHIN sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of NANT EITHIN, 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 NANT EITHIN). 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 NANT EITHIN?

NANT EITHIN is located on Y FFRIDD in MORFA BYCHAN, in the LL49 postcode district. The below map shows the position of NANT EITHIN on Y FFRIDD.