11, MAES TERFYN, MORFA NEFYN, PWLLHELI, LL53 6EQ - £305,000

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.

11 MAES TERFYN is a large detached house of 142m², built sometime from 2007 onwards, which could now be worth an estimated £425,205. It was last sold for £305,000 in March 2016, which was around 39% above the average March 2016 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

11 MAES TERFYN Sold Prices

Land registry data shows two sales for 11 MAES TERFYN 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 11 MAES TERFYN 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
2016 29 MAR	£305,000	£218,761	39% above HPI
2014 9 MAY	£275,000	£201,729	36% above HPI

11 MAES TERFYN 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 11 MAES TERFYN sales from May 2014 and March 2016 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 2014 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2016 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 11 MAES TERFYN be worth now?

11 MAES TERFYN might now be worth an estimated £425,205.

This is based on house price inflation of 39.4%, between March 2016 and March 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 39.4% inflationary increase is applied to the most recent sale price for 11 MAES TERFYN of £305,000 on 29th March 2016. For the value to have increased from £305,000 to £425,205 over the nine years to March 2025, the following assumptions must hold true:

• The value of 11 MAES TERFYN has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The March 2016 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MAES TERFYN has not materially changed since March 2016.

How Large is 11 MAES TERFYN?

11 MAES TERFYN is 142m² according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of detached houses houses in Morfa Nefyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morfa Nefyn, and where 11 MAES TERFYN lies on this distribution: 72% of detached houses houses are smaller than 11 MAES TERFYN, and 28% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

11 MAES TERFYN: Plot and Title Map

11 MAES TERFYN sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of 11 MAES TERFYN, 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 11 MAES TERFYN). 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 11 MAES TERFYN?

11 MAES TERFYN is located in MORFA NEFYN, in the LL53 postcode district. The below map shows the position of No. 11 on MAES TERFYN.