14, ELDERWOOD AVENUE, THORNTON-CLEVELEYS, FY5 5EQ - £202,500

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

14 ELDERWOOD AVENUE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £264,445. It was last sold for £202,500 in October 2019, which was around 15% below the average October 2019 detached price in the Wyre local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

14 ELDERWOOD AVENUE Sold Prices

Land registry data shows two sales for 14 ELDERWOOD AVENUE 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 14 ELDERWOOD AVENUE 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 18 OCT	£202,500	£237,429	15% below HPI
2017 16 FEB	£205,000	£225,685	9% below HPI

14 ELDERWOOD AVENUE 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 14 ELDERWOOD AVENUE sales from February 2017 and October 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 February 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 14 ELDERWOOD AVENUE be worth now?

14 ELDERWOOD AVENUE might now be worth an estimated £264,445.

This is based on house price inflation of 30.6%, between October 2019 and February 2025, 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 30.6% inflationary increase is applied to the most recent sale price for 14 ELDERWOOD AVENUE of £202,500 on 18th October 2019. For the value to have increased from £202,500 to £264,445 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 ELDERWOOD AVENUE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The October 2019 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 14 ELDERWOOD AVENUE has not materially changed since October 2019.

How Large is 14 ELDERWOOD AVENUE?

14 ELDERWOOD AVENUE is 74m² according to the EPC inspection conducted in July 2016. 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 14 ELDERWOOD AVENUE lies on this distribution: 11% of detached houses houses are smaller than 14 ELDERWOOD AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Thornton.

14 ELDERWOOD AVENUE: Plot and Title Map

14 ELDERWOOD AVENUE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 14 ELDERWOOD AVENUE, 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 ELDERWOOD AVENUE). 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 ELDERWOOD AVENUE?

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