12, SORREL CLOSE, THORNTON-CLEVELEYS, FY5 2PA - £385,000

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 SORREL CLOSE is a very large extended detached house of 170m², built sometime between 1983 and 1990. It was last sold for £385,000 in April 2023, which was around 39% above the average April 2023 detached price in the Wyre local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

12 SORREL CLOSE Sold Prices

Land registry data shows four sales for 12 SORREL 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. Most of the four 12 SORREL CLOSE 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 APR	£385,000	£277,587	39% above HPI
2004 28 MAY	£175,000	£177,424	1% below HPI
1998 30 APR	£70,000	£83,630	16% below HPI
1996 11 SEP	£72,000	£80,680	11% below HPI

12 SORREL 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 12 SORREL CLOSE sales between September 1996 and April 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 May 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 12 SORREL CLOSE?

12 SORREL CLOSE is 170m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 10% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where 12 SORREL CLOSE lies on this distribution: 92% of detached houses are smaller than 12 SORREL CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Thornton.

12 SORREL CLOSE: Plot and Title Map

12 SORREL CLOSE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 12 SORREL 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 12 SORREL 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 12 SORREL CLOSE?

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