11, THE COVERT, THORNTON-CLEVELEYS, FY5 2HW - £178,000

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

11 THE COVERT is a very small extended detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £261,290. It was last sold for £178,000 in March 2014, which was around 13% below the average March 2014 detached price in the Wyre local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

11 THE COVERT Sold Prices

Land registry data shows two sales for 11 THE COVERT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two 11 THE COVERT 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
2014 28 MAR	£178,000	£204,802	13% below HPI
2007 24 AUG	£172,500	£241,465	29% below HPI

11 THE COVERT 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 two 11 THE COVERT sales from August 2007 and March 2014 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 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 11 THE COVERT be worth now?

11 THE COVERT might now be worth an estimated £261,290.

This is based on house price inflation of 46.8%, between March 2014 and December 2024, 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 46.8% inflationary increase is applied to the most recent sale price for 11 THE COVERT of £178,000 on 28th March 2014. For the value to have increased from £178,000 to £261,290 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 11 THE COVERT has moved in line with the HPI for detached houses in the Wyre local authority area.
• The March 2014 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THE COVERT has not materially changed since March 2014.

How Large is 11 THE COVERT?

11 THE COVERT is 83m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 11 THE COVERT lies on this distribution: 19% of detached houses houses are smaller than 11 THE COVERT, and 80% of houses are larger. Note that EPC data is not available for all properties in Thornton.

11 THE COVERT: Plot and Title Map

11 THE COVERT sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 11 THE COVERT, 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 11 THE COVERT). 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 11 THE COVERT?

11 THE COVERT is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 11 on THE COVERT.