THE MOORINGS, VICTORIA PARADE, PWLLHELI, LL53 5AN - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE MOORINGS is a very large extended detached house of 180m², built sometime between 1967 and 1975. It was last sold for £400,000 in January 2024, which was around 30% above the average January 2024 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

THE MOORINGS Sold Prices

Land registry data shows two sales for THE MOORINGS 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 THE MOORINGS 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
2024 26 JAN	£400,000	£306,704	30% above HPI
1999 30 MAR	£160,000	£70,411	127% above HPI

THE MOORINGS 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 THE MOORINGS sales from March 1999 and January 2024 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 March 1999 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the January 2024 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is THE MOORINGS?

THE MOORINGS is 180m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 10% of detached houses in Pwllheli, based on EPC data. The below chart shows the distribution of detached houses by size in Pwllheli, and where THE MOORINGS lies on this distribution: 90% of detached houses are smaller than THE MOORINGS, and 10% of houses are larger. Note that EPC data is not available for all properties in Pwllheli.

THE MOORINGS: Plot and Title Map

THE MOORINGS sits on a plot of roughly 0.229 of an acre, or 927m². The below map shows the location of THE MOORINGS, 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 THE MOORINGS). 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 THE MOORINGS?

THE MOORINGS is located on VICTORIA PARADE in PWLLHELI, in the LL53 postcode district. The below map shows the position of THE MOORINGS on VICTORIA PARADE.