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

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 PEACE PLACE is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £174,000 in August 2018, which was around 23% below the average August 2018 detached price in the Wyre local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

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	£225,038	23% below HPI
2003 8 AUG	£131,000	£151,212	13% below HPI
2001 1 JUN	£95,300	£99,551	4% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 PEACE PLACE?

1 PEACE PLACE is 84m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 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 PEACE PLACE lies on this distribution: 20% of detached houses are smaller than 1 PEACE PLACE, and 79% 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.