RHANDIR MWYN, STRYD Y FFYNNON, NEFYN, PWLLHELI, LL53 6HW - £159,000

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

RHANDIR MWYN is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £159,000 in November 2018, which was around 31% below the average November 2018 detached price in the Gwynedd local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

RHANDIR MWYN Sold Prices

Land registry data shows two sales for RHANDIR MWYN 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 RHANDIR MWYN 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
2018 16 NOV	£159,000	£229,659	31% below HPI
1995 10 MAY	£40,000	£56,542	29% below HPI

RHANDIR MWYN 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 RHANDIR MWYN sales from May 1995 and November 2018 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 1995 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is RHANDIR MWYN?

RHANDIR MWYN is 73m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Nefyn, based on EPC data. The below chart shows the distribution of detached houses by size in Nefyn, and where RHANDIR MWYN lies on this distribution: 13% of detached houses are smaller than RHANDIR MWYN, and 85% of houses are larger. Note that EPC data is not available for all properties in Nefyn.

RHANDIR MWYN: Plot and Title Map

RHANDIR MWYN sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of RHANDIR MWYN, 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 RHANDIR MWYN). 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 RHANDIR MWYN?

RHANDIR MWYN is located on STRYD Y FFYNNON in NEFYN, in the LL53 postcode district. The below map shows the position of RHANDIR MWYN on STRYD Y FFYNNON.