MORLAIS, MOELFRE, LL72 8HD - £213,000

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 104m², built sometime between 1967 and 1975, which could now be worth an estimated £331,147. It was last sold for £213,000 in January 2017, which was about the average January 2017 detached price in the Isle of Anglesey local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

MORLAIS Sold Prices

Land registry data shows four sales for MORLAIS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Anglesey local authority area for the corresponding sale date. The four MORLAIS sales were a mix of roughly equal to the average price, above the average price, and 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
2017 6 JAN	£213,000	£212,827	Close to HPI
2004 30 JUN	£189,950	£157,712	20% above HPI
2001 21 SEP	£78,000	£81,990	5% below HPI
1999 26 AUG	£60,000	£68,819	13% below HPI

MORLAIS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Anglesey local authority area over time, sourced from the HPI. The four MORLAIS sales between August 1999 and January 2017 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 June 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might MORLAIS be worth now?

MORLAIS might now be worth an estimated £331,147.

This is based on house price inflation of 55.5%, between January 2017 and April 2026, for detached houses, in the Isle of Anglesey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.5% inflationary increase is applied to the most recent sale price for MORLAIS of £213,000 on 6th January 2017. For the value to have increased from £213,000 to £331,147 over the eight years and nine months to April 2026, the following assumptions must hold true:

• The value of MORLAIS has moved in line with the HPI for detached houses in the Isle of Anglesey local authority area.
• The January 2017 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of MORLAIS has not materially changed since January 2017.

How Large is MORLAIS?

MORLAIS is 104m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses houses in Moelfre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Moelfre, and where MORLAIS lies on this distribution: 53% of detached houses houses are smaller than MORLAIS, and 47% of houses are larger. Note that EPC data is not available for all properties in Moelfre.

MORLAIS: Plot and Title Map

MORLAIS sits on a plot of roughly 0.142 of an acre, or 574m². 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 in MOELFRE, in the LL72 postcode district. The below map shows the position of MORLAIS in MOELFRE.