MORFAGWYN, LLANON, SY23 5HT - £237,000

MORFAGWYN is a large extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £237,000 in September 2018, which was around 1% above the average September 2018 detached price in the Ceredigion local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

MORFAGWYN Sold Prices

Land registry data shows four sales for MORFAGWYN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ceredigion local authority area for the corresponding sale date. One of the four MORFAGWYN sales was for above the average price, whilst two 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
2018 19 SEP	£237,000	£233,570	1% above HPI
2017 11 MAY	£215,000	£225,890	5% below HPI
2015 17 DEC	£220,000	£220,853	Close to HPI
2003 16 DEC	£99,000	£151,961	35% below HPI

MORFAGWYN 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 four MORFAGWYN sales between December 2003 and September 2018 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 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2018 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is MORFAGWYN?

MORFAGWYN is 122m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Llanon, based on EPC data. The below chart shows the distribution of detached houses by size in Llanon, and where MORFAGWYN lies on this distribution: 75% of detached houses are smaller than MORFAGWYN, and 25% of houses are larger. Note that EPC data is not available for all properties in Llanon.

MORFAGWYN: Plot and Title Map

MORFAGWYN sits on a plot of roughly 0.243 of an acre, or 985m². The below map shows the location of MORFAGWYN, 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 MORFAGWYN). 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 MORFAGWYN?

MORFAGWYN is located in LLANON, in the SY23 postcode district. The below map shows the position of MORFAGWYN in LLANON.