1, MORLAIS, PENSARN, ABERGELE, LL22 7SE - £178,500

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.

1 MORLAIS is a small detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £190,593. It was last sold for £178,500 in February 2022, which was around 40% below the average February 2022 detached price in the Conwy local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

1 MORLAIS Sold Prices

Land registry data shows three sales for 1 MORLAIS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Conwy local authority area for the corresponding sale date. All of the three 1 MORLAIS 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
2022 4 FEB	£178,500	£295,660	40% below HPI
2019 22 JUL	£109,000	£231,283	53% below HPI
2013 15 OCT	£75,000	£188,740	60% below HPI

1 MORLAIS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Conwy local authority area over time, sourced from the HPI. The three 1 MORLAIS sales between October 2013 and February 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 July 2019 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the February 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 MORLAIS be worth now?

1 MORLAIS might now be worth an estimated £190,593.

This is based on house price inflation of 6.8%, between February 2022 and May 2026, for detached houses, in the Conwy local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.8% inflationary increase is applied to the most recent sale price for 1 MORLAIS of £178,500 on 4th February 2022. For the value to have increased from £178,500 to £190,593 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 1 MORLAIS has moved in line with the HPI for detached houses in the Conwy local authority area.
• The February 2022 sale price of £178,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MORLAIS has not materially changed since February 2022.

How Large is 1 MORLAIS?

1 MORLAIS is 56m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of detached houses houses in Pensarn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pensarn, and where 1 MORLAIS lies on this distribution: 25% of detached houses houses are smaller than 1 MORLAIS, and 63% of houses are larger. Note that EPC data is not available for all properties in Pensarn.

1 MORLAIS: Plot and Title Map

1 MORLAIS sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 1 MORLAIS, 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 1 MORLAIS). 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 1 MORLAIS?

1 MORLAIS is located in PENSARN, in the LL22 postcode district. The below map shows the position of No. 1 on MORLAIS.