16, LANEFIELD DRIVE, THORNTON-CLEVELEYS, FY5 1JZ - £186,500

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

16 LANEFIELD DRIVE is a small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £263,675. It was last sold for £186,500 in September 2015, which was around 15% below the average September 2015 detached price in the Wyre local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

16 LANEFIELD DRIVE Sold Prices

Land registry data shows two sales for 16 LANEFIELD DRIVE 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 16 LANEFIELD DRIVE 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
2015 18 SEP	£186,500	£219,308	15% below HPI
2010 5 MAR	£155,000	£214,478	28% below HPI

16 LANEFIELD DRIVE 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 16 LANEFIELD DRIVE sales from March 2010 and September 2015 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 March 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 16 LANEFIELD DRIVE be worth now?

16 LANEFIELD DRIVE might now be worth an estimated £263,675.

This is based on house price inflation of 41.4%, between September 2015 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 41.4% inflationary increase is applied to the most recent sale price for 16 LANEFIELD DRIVE of £186,500 on 18th September 2015. For the value to have increased from £186,500 to £263,675 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 LANEFIELD DRIVE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The September 2015 sale price of £186,500 represented a fair market value for the property.
• The size, condition, and specification of 16 LANEFIELD DRIVE has not materially changed since September 2015.

How Large is 16 LANEFIELD DRIVE?

16 LANEFIELD DRIVE is 90m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses houses in Cleveleys, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleveleys, and where 16 LANEFIELD DRIVE lies on this distribution: 30% of detached houses houses are smaller than 16 LANEFIELD DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

16 LANEFIELD DRIVE: Plot and Title Map

16 LANEFIELD DRIVE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 16 LANEFIELD DRIVE, 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 16 LANEFIELD DRIVE). 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 16 LANEFIELD DRIVE?

16 LANEFIELD DRIVE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 16 on LANEFIELD DRIVE.