12, OCEAN WAY, THORNTON-CLEVELEYS, FY5 1FE - £150,000

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

12 OCEAN WAY is a large detached house of 122m², built sometime between 1991 and 1995. It was last sold for £150,000 in November 2019, which was around 34% below the average November 2019 detached price in the Wyre local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

12 OCEAN WAY Sold Prices

Land registry data shows two sales for 12 OCEAN WAY 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 12 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
2019 5 NOV	£150,000	£226,554	34% below HPI
1997 24 OCT	£74,970	£86,484	13% below HPI

12 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 two 12 OCEAN WAY sales from October 1997 and November 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 October 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 12 OCEAN WAY?

12 OCEAN WAY is 122m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses in Cleveleys, based on EPC data. The below chart shows the distribution of detached houses by size in Cleveleys, and where 12 OCEAN WAY lies on this distribution: 60% of detached houses are smaller than 12 OCEAN WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

12 OCEAN WAY: Plot and Title Map

12 OCEAN WAY sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 12 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 12 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 12 OCEAN WAY?

12 OCEAN WAY is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 12 on OCEAN WAY.