16, THE HERMITAGE, THORNTON-CLEVELEYS, FY5 2TH - £365,000

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

16 THE HERMITAGE is a very large detached house of 174m², built sometime between 1983 and 1990. It was last sold for £365,000 in February 2019, which was around 65% above the average February 2019 detached price in the Wyre local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

16 THE HERMITAGE Sold Prices

Land registry data shows two sales for 16 THE HERMITAGE 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 THE HERMITAGE 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
2019 8 FEB	£365,000	£220,969	65% above HPI
1997 31 JAN	£148,000	£79,798	85% above HPI

16 THE HERMITAGE 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 THE HERMITAGE sales from January 1997 and February 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 January 1997 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the February 2019 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 16 THE HERMITAGE?

16 THE HERMITAGE is 174m² according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Cleveleys, based on EPC data. The below chart shows the distribution of detached houses by size in Cleveleys, and where 16 THE HERMITAGE lies on this distribution: 83% of detached houses are smaller than 16 THE HERMITAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

16 THE HERMITAGE: Plot and Title Map

16 THE HERMITAGE sits on a plot of roughly 0.213 of an acre, or 864m². The below map shows the location of 16 THE HERMITAGE, 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 THE HERMITAGE). 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 THE HERMITAGE?

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