23, CEFN Y GADER, MORFA BYCHAN, PORTHMADOG, LL49 9JA - £250,000

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.

23 CEFN Y GADER is a small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £249,713. It was last sold for £250,000 in November 2024, which was around 17% below the average November 2024 detached price in the Gwynedd local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

23 CEFN Y GADER Sold Prices

Land registry data shows two sales for 23 CEFN Y GADER 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 23 CEFN Y GADER 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
2024 5 NOV	£250,000	£301,892	17% below HPI
2013 12 JUL	£155,000	£200,066	23% below HPI

23 CEFN Y GADER 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 23 CEFN Y GADER sales from July 2013 and November 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 July 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 23 CEFN Y GADER be worth now?

23 CEFN Y GADER might now be worth an estimated £249,713.

This is based on house price deflation of 0.1%, between November 2024 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 0.1% deflationary decrease is applied to the most recent sale price for 23 CEFN Y GADER of £250,000 on 5th November 2024. For the value to have decreased from £250,000 to £249,713 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 23 CEFN Y GADER has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The November 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CEFN Y GADER has not materially changed since November 2024.

How Large is 23 CEFN Y GADER?

23 CEFN Y GADER is 80m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% 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 23 CEFN Y GADER lies on this distribution: 38% of detached houses houses are smaller than 23 CEFN Y GADER, and 59% of houses are larger. Note that EPC data is not available for all properties in Morfa Bychan.

23 CEFN Y GADER: Plot and Title Map

23 CEFN Y GADER sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 23 CEFN Y GADER, 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 23 CEFN Y GADER). 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 23 CEFN Y GADER?

23 CEFN Y GADER is located in MORFA BYCHAN, in the LL49 postcode district. The below map shows the position of No. 23 on CEFN Y GADER.