1, PEACE PLACE, THORNTON-CLEVELEYS, FY5 4LS - £174,000

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.

1 PEACE PLACE is a small extended detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £228,372. It was last sold for £174,000 in August 2018, which was around 26% below the average August 2018 detached price in the Wyre local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was B.

1 PEACE PLACE Sold Prices

Land registry data shows three sales for 1 PEACE PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the three 1 PEACE PLACE 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
2018 22 AUG	£174,000	£236,239	26% below HPI
2003 8 AUG	£131,000	£158,738	17% below HPI
2001 1 JUN	£95,300	£104,506	9% below HPI

1 PEACE PLACE 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 three 1 PEACE PLACE sales between June 2001 and August 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 August 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 PEACE PLACE be worth now?

1 PEACE PLACE might now be worth an estimated £228,372.

This is based on house price inflation of 31.2%, between August 2018 and February 2025, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.2% inflationary increase is applied to the most recent sale price for 1 PEACE PLACE of £174,000 on 22nd August 2018. For the value to have increased from £174,000 to £228,372 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 PEACE PLACE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The August 2018 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PEACE PLACE has not materially changed since August 2018.

How Large is 1 PEACE PLACE?

1 PEACE PLACE is 99m², which includes one extension, according to the EPC inspection conducted in December 2024. This puts it in the smallest 40% of detached houses houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thornton, and where 1 PEACE PLACE lies on this distribution: 39% of detached houses houses are smaller than 1 PEACE PLACE, and 60% of houses are larger. Note that EPC data is not available for all properties in Thornton.

1 PEACE PLACE: Plot and Title Map

1 PEACE PLACE sits on a plot of roughly 0.355 of an acre, or 1,436m². The below map shows the location of 1 PEACE PLACE, 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 PEACE PLACE). 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 PEACE PLACE?

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