1, TOWER CLOSE, THORNTON-CLEVELEYS, FY5 2WG - £172,000

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 TOWER CLOSE is a very small extended detached house of 76m², built sometime between 1996 and 2002. It was last sold for £172,000 in May 2019, which was around 23% below the average May 2019 detached price in the Wyre local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

1 TOWER CLOSE Sold Prices

Land registry data shows four sales for 1 TOWER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. The four 1 TOWER CLOSE sales were a mix of below the average price, and roughly equal to 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
2019 2 MAY	£172,000	£222,896	23% below HPI
2003 5 SEP	£120,000	£153,972	22% below HPI
2003 27 JUN	£120,000	£147,199	18% below HPI
1998 27 MAR	£82,250	£82,442	Close to HPI

1 TOWER 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 four 1 TOWER CLOSE sales between March 1998 and May 2019 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 September 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 TOWER CLOSE?

1 TOWER CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 TOWER CLOSE lies on this distribution: 12% of detached houses are smaller than 1 TOWER CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Thornton.

1 TOWER CLOSE: Plot and Title Map

1 TOWER CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 1 TOWER 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 TOWER 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 TOWER CLOSE?

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