24, CEFN Y GADER, MORFA BYCHAN, PORTHMADOG, LL49 9JA - £187,500

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.

24 CEFN Y GADER is a large detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £278,446. It was last sold for £187,500 in October 2010, which was around 8% below the average October 2010 detached price in the Gwynedd local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was E.

24 CEFN Y GADER Sold Prices

Land registry data shows two sales for 24 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 24 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
2010 14 OCT	£187,500	£203,055	8% below HPI
2007 10 APR	£190,000	£205,544	8% below HPI

24 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 24 CEFN Y GADER sales from April 2007 and October 2010 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 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2010 sale, which was also at 8% below the HPI.

What might 24 CEFN Y GADER be worth now?

24 CEFN Y GADER might now be worth an estimated £278,446.

This is based on house price inflation of 48.5%, between October 2010 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 48.5% inflationary increase is applied to the most recent sale price for 24 CEFN Y GADER of £187,500 on 14th October 2010. For the value to have increased from £187,500 to £278,446 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 CEFN Y GADER has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The October 2010 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 24 CEFN Y GADER has not materially changed since October 2010.

How Large is 24 CEFN Y GADER?

24 CEFN Y GADER is 107m² according to the EPC inspection conducted in February 2010. This puts it in the largest 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 24 CEFN Y GADER lies on this distribution: 65% of detached houses houses are smaller than 24 CEFN Y GADER, and 35% of houses are larger. Note that EPC data is not available for all properties in Morfa Bychan.

24 CEFN Y GADER: Plot and Title Map

24 CEFN Y GADER sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 24 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 24 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 24 CEFN Y GADER?

24 CEFN Y GADER is located in MORFA BYCHAN, in the LL49 postcode district. The below map shows the position of No. 24 on CEFN Y GADER.