1, BALFOUR CLOSE, THORNTON-CLEVELEYS, FY5 5PH - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 BALFOUR CLOSE is a very large detached house of 162m², built sometime between 1983 and 1990. It was last sold for £295,000 in July 2016, which was around 40% above the average July 2016 detached price in the Wyre local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

1 BALFOUR CLOSE Sold Prices

Land registry data shows two sales for 1 BALFOUR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two 1 BALFOUR CLOSE sales were for above 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
2016 8 JUL	£295,000	£209,972	40% above HPI
2005 12 MAY	£295,000	£201,150	47% above HPI

1 BALFOUR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two 1 BALFOUR CLOSE sales from May 2005 and July 2016 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 2005 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the July 2016 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 1 BALFOUR CLOSE?

1 BALFOUR CLOSE is 162m² according to the EPC inspection conducted in December 2015. This puts it in the largest 20% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where 1 BALFOUR CLOSE lies on this distribution: 89% of detached houses are smaller than 1 BALFOUR CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Thornton.

1 BALFOUR CLOSE: Plot and Title Map

1 BALFOUR CLOSE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 1 BALFOUR CLOSE, 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 1 BALFOUR CLOSE). 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 1 BALFOUR CLOSE?

1 BALFOUR CLOSE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 1 on BALFOUR CLOSE.