TY CAPEL NAZARETH, MORFA BYCHAN, PORTHMADOG, LL49 9UY - £192,500

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.

TY CAPEL NAZARETH is a small extended detached house of 75m², built sometime before 1900, which could now be worth an estimated £233,447. It was last sold for £192,500 in September 2020, which was around 23% below the average September 2020 detached price in the Gwynedd local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was B.

TY CAPEL NAZARETH Sold Prices

Land registry data shows two sales for TY CAPEL NAZARETH 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 TY CAPEL NAZARETH 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
2020 21 SEP	£192,500	£248,654	23% below HPI
2008 25 APR	£138,000	£215,156	36% below HPI

TY CAPEL NAZARETH 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 TY CAPEL NAZARETH sales from April 2008 and September 2020 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 April 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might TY CAPEL NAZARETH be worth now?

TY CAPEL NAZARETH might now be worth an estimated £233,447.

This is based on house price inflation of 21.3%, between September 2020 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 21.3% inflationary increase is applied to the most recent sale price for TY CAPEL NAZARETH of £192,500 on 21st September 2020. For the value to have increased from £192,500 to £233,447 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of TY CAPEL NAZARETH has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The September 2020 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of TY CAPEL NAZARETH has not materially changed since September 2020.

How Large is TY CAPEL NAZARETH?

TY CAPEL NAZARETH is 75m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% 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 TY CAPEL NAZARETH lies on this distribution: 26% of detached houses houses are smaller than TY CAPEL NAZARETH, and 71% of houses are larger. Note that EPC data is not available for all properties in Morfa Bychan.

TY CAPEL NAZARETH: Plot and Title Map

TY CAPEL NAZARETH sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of TY CAPEL NAZARETH, 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 TY CAPEL NAZARETH). 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 TY CAPEL NAZARETH?

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