10, THE COVE, THORNTON-CLEVELEYS, FY5 1LF - £145,000

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 THE COVE is a very small semi-detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £145,061. It was last sold for £145,000 in October 2023, which was around 20% below the average October 2023 semi-detached price in the Wyre local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

10 THE COVE Sold Prices

Land registry data shows three sales for 10 THE COVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wyre local authority area for the corresponding sale date. All of the three 10 THE COVE 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
2023 12 OCT	£145,000	£180,914	20% below HPI
2022 10 JUN	£160,000	£177,119	10% below HPI
1998 14 AUG	£37,000	£54,147	32% below HPI

10 THE COVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wyre local authority area over time, sourced from the HPI. The three 10 THE COVE sales between August 1998 and October 2023 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 June 2022 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 10 THE COVE be worth now?

10 THE COVE might now be worth an estimated £145,061.

This is based on house price inflation of 0%, between October 2023 and December 2024, for semi-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 0% inflationary increase is applied to the most recent sale price for 10 THE COVE of £145,000 on 12th October 2023. For the value to have increased from £145,000 to £145,061 over the ten months to December 2024, the following assumptions must hold true:

• The value of 10 THE COVE has moved in line with the HPI for semi-detached houses in the Wyre local authority area.
• The October 2023 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE COVE has not materially changed since October 2023.

How Large is 10 THE COVE?

10 THE COVE is 73m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of semi-detached houses houses in Cleveleys, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cleveleys, and where 10 THE COVE lies on this distribution: 10% of semi-detached houses houses are smaller than 10 THE COVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

10 THE COVE: Plot and Title Map

10 THE COVE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 10 THE COVE, 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 THE COVE). 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 THE COVE?

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