10, OCEAN WAY, THORNTON-CLEVELEYS, FY5 1FE - £170,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 OCEAN WAY is a very small detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £233,463. It was last sold for £170,000 in September 2010, which was around 25% below the average September 2010 detached price in the Wyre local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

10 OCEAN WAY Sold Prices

Land registry data shows five sales for 10 OCEAN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the five 10 OCEAN WAY 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
2010 3 SEP	£170,000	£225,775	25% below HPI
2004 21 SEP	£152,500	£204,277	25% below HPI
2001 17 JUL	£75,000	£106,367	29% below HPI
1998 20 NOV	£72,950	£93,076	22% below HPI
1997 28 AUG	£70,970	£87,998	19% below HPI

10 OCEAN WAY 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 five 10 OCEAN WAY sales between August 1997 and September 2010 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 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2010 sale, which was also at 25% below the HPI.

What might 10 OCEAN WAY be worth now?

10 OCEAN WAY might now be worth an estimated £233,463.

This is based on house price inflation of 37.3%, between September 2010 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 37.3% inflationary increase is applied to the most recent sale price for 10 OCEAN WAY of £170,000 on 3rd September 2010. For the value to have increased from £170,000 to £233,463 over the fifteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 OCEAN WAY has moved in line with the HPI for detached houses in the Wyre local authority area.
• The September 2010 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 10 OCEAN WAY has not materially changed since September 2010.

How Large is 10 OCEAN WAY?

10 OCEAN WAY is 70m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Cleveleys, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleveleys, and where 10 OCEAN WAY lies on this distribution: 8% of detached houses houses are smaller than 10 OCEAN WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

10 OCEAN WAY: Plot and Title Map

10 OCEAN WAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 10 OCEAN WAY, 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 10 OCEAN WAY). 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 10 OCEAN WAY?

10 OCEAN WAY is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 10 on OCEAN WAY.