14, OCEAN WAY, THORNTON-CLEVELEYS, FY5 1FE - £257,400

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

14 OCEAN WAY is a midsized detached house of 121m², built sometime between 1996 and 2002. It was last sold for £257,400 in October 2023, which was around 9% below the average October 2023 detached price in the Wyre local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

14 OCEAN WAY Sold Prices

Land registry data shows five sales for 14 OCEAN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Most of the five 14 OCEAN WAY 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
2023 6 OCT	£257,400	£281,324	9% below HPI
2014 28 AUG	£210,000	£202,345	4% above HPI
2011 27 MAY	£182,000	£195,122	7% below HPI
2003 19 DEC	£169,950	£164,650	3% above HPI
1997 30 MAY	£96,645	£83,748	15% above HPI

14 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 five 14 OCEAN WAY sales between May 1997 and October 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 August 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 14 OCEAN WAY?

14 OCEAN WAY is 121m² according to the EPC inspection conducted in October 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 14 OCEAN WAY lies on this distribution: 59% of detached houses are smaller than 14 OCEAN WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

14 OCEAN WAY: Plot and Title Map

14 OCEAN WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 14 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 14 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 14 OCEAN WAY?

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