23, WERN Y WYLAN, MORFA NEFYN, PWLLHELI, LL53 6DG - £320,000

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 WERN Y WYLAN is a small detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £411,474. It was last sold for £320,000 in June 2019, which was around 35% above the average June 2019 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

23 WERN Y WYLAN Sold Prices

Land registry data shows three sales for 23 WERN Y WYLAN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gwynedd local authority area for the corresponding sale date. All of the three 23 WERN Y WYLAN 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
2019 28 JUN	£320,000	£237,179	35% above HPI
2002 25 FEB	£120,000	£88,325	36% above HPI
1997 1 MAY	£74,000	£60,946	21% above HPI

23 WERN Y WYLAN 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 three 23 WERN Y WYLAN sales between May 1997 and June 2019 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 February 2002 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2019 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 23 WERN Y WYLAN be worth now?

23 WERN Y WYLAN might now be worth an estimated £411,474.

This is based on house price inflation of 28.6%, between June 2019 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 28.6% inflationary increase is applied to the most recent sale price for 23 WERN Y WYLAN of £320,000 on 28th June 2019. For the value to have increased from £320,000 to £411,474 over the six years and three months to March 2025, the following assumptions must hold true:

• The value of 23 WERN Y WYLAN has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The June 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 23 WERN Y WYLAN has not materially changed since June 2019.

How Large is 23 WERN Y WYLAN?

23 WERN Y WYLAN is 99m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% 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 23 WERN Y WYLAN lies on this distribution: 34% of detached houses houses are smaller than 23 WERN Y WYLAN, and 63% of houses are larger. Note that EPC data is not available for all properties in Morfa Nefyn.

23 WERN Y WYLAN: Plot and Title Map

23 WERN Y WYLAN sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 23 WERN Y WYLAN, 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 WERN Y WYLAN). 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 WERN Y WYLAN?

23 WERN Y WYLAN is located in MORFA NEFYN, in the LL53 postcode district. The below map shows the position of No. 23 on WERN Y WYLAN.