MORFA HOUSE, NEW QUAY, SA45 9SB - £175,000

MORFA HOUSE is a midsized extended detached house of 131m², built sometime between 1900 and 1929. It was last sold for £175,000 in August 2009, which was around 18% below the average August 2009 detached price in the Ceredigion local authority area. The most recent EPC inspection was March 2009, where the current energy rating was G, and the potential energy rating was G.

MORFA HOUSE Sold Prices

Land registry data shows three sales for MORFA HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ceredigion local authority area for the corresponding sale date. All of the three MORFA HOUSE 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
2009 14 AUG	£175,000	£212,687	18% below HPI
2006 31 AUG	£170,000	£205,388	17% below HPI
1999 9 AUG	£49,000	£75,370	35% below HPI

MORFA HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ceredigion local authority area over time, sourced from the HPI. The three MORFA HOUSE sales between August 1999 and August 2009 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 August 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2009 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is MORFA HOUSE?

MORFA HOUSE is 131m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses in New Quay, based on EPC data. The below chart shows the distribution of detached houses by size in New Quay, and where MORFA HOUSE lies on this distribution: 59% of detached houses are smaller than MORFA HOUSE, and 41% of houses are larger. Note that EPC data is not available for all properties in New Quay.

MORFA HOUSE: Plot and Title Map

MORFA HOUSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of MORFA HOUSE, 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 MORFA HOUSE). 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 MORFA HOUSE?

MORFA HOUSE is located in NEW QUAY, in the SA45 postcode district. The below map shows the position of MORFA HOUSE in NEW QUAY.