14, ALDER LANE, THORNTON-CLEVELEYS, FY5 4GT - £155,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 ALDER LANE is a midsized semi-detached house of 105m², which could now be worth an estimated £194,488. It was last sold for £155,000 in October 2020, which was around 5% above the average October 2020 semi-detached price in the Wyre local authority area. The most recent EPC inspection was June 2011, where the current energy rating was B, and the potential energy rating was B.

14 ALDER LANE Sold Prices

Land registry data shows four sales for 14 ALDER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wyre local authority area for the corresponding sale date. All of the four 14 ALDER LANE sales were for above 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
2020 30 OCT	£155,000	£148,222	5% above HPI
2020 20 AUG	£155,000	£147,899	5% above HPI
2018 2 MAR	£155,000	£141,219	10% above HPI
2011 30 JUN	£167,995	£126,653	33% above HPI

14 ALDER LANE 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 four 14 ALDER LANE sales between June 2011 and October 2020 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 2020 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2020 sale, which was also at 5% above the HPI.

What might 14 ALDER LANE be worth now?

14 ALDER LANE might now be worth an estimated £194,488.

This is based on house price inflation of 25.5%, between October 2020 and February 2025, 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 25.5% inflationary increase is applied to the most recent sale price for 14 ALDER LANE of £155,000 on 30th October 2020. For the value to have increased from £155,000 to £194,488 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 ALDER LANE has moved in line with the HPI for semi-detached houses in the Wyre local authority area.
• The October 2020 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ALDER LANE has not materially changed since October 2020.

How Large is 14 ALDER LANE?

14 ALDER LANE is 105m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of semi-detached houses houses in Thornton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thornton, and where 14 ALDER LANE lies on this distribution: 46% of semi-detached houses houses are smaller than 14 ALDER LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Thornton.

14 ALDER LANE: Plot and Title Map

14 ALDER LANE sits on a plot of roughly 13.6 acres, or 54,962m². The below map shows the location of 14 ALDER LANE, 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 14 ALDER LANE). 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 14 ALDER LANE?

14 ALDER LANE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 14 on ALDER LANE.