MORLAIS, LLEWELYN DRIVE, FAIRBOURNE, LL38 2DQ - £163,000

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.

MORLAIS is a midsized extended detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £256,281. It was last sold for £163,000 in March 2010, which was around 17% below the average March 2010 detached price in the Gwynedd local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

MORLAIS Sold Prices

Land registry data shows two sales for MORLAIS 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 MORLAIS 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 16 MAR	£163,000	£196,895	17% below HPI
2002 15 AUG	£79,000	£100,533	21% below HPI

MORLAIS 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 MORLAIS sales from August 2002 and March 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 August 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2010 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might MORLAIS be worth now?

MORLAIS might now be worth an estimated £256,281.

This is based on house price inflation of 57.2%, between March 2010 and June 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 57.2% inflationary increase is applied to the most recent sale price for MORLAIS of £163,000 on 16th March 2010. For the value to have increased from £163,000 to £256,281 over the fourteen years and nine months to June 2025, the following assumptions must hold true:

• The value of MORLAIS has moved in line with the HPI for detached houses in the Gwynedd local authority area.
• The March 2010 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of MORLAIS has not materially changed since March 2010.

How Large is MORLAIS?

MORLAIS is 66m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 50% of detached houses houses in Fairbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fairbourne, and where MORLAIS lies on this distribution: 41% of detached houses houses are smaller than MORLAIS, and 59% of houses are larger. Note that EPC data is not available for all properties in Fairbourne.

MORLAIS: Plot and Title Map

MORLAIS sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of MORLAIS, 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 MORLAIS). 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 MORLAIS?

MORLAIS is located on LLEWELYN DRIVE in FAIRBOURNE, in the LL38 postcode district. The below map shows the position of MORLAIS on LLEWELYN DRIVE.