16, TRETOWER WAY, THORNTON-CLEVELEYS, FY5 4FB - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 TRETOWER WAY is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £185,000 in October 2021, which was around 30% below the average October 2021 detached price in the Wyre local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

16 TRETOWER WAY Sold Prices

Land registry data shows three sales for 16 TRETOWER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the three 16 TRETOWER WAY 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
2021 28 OCT	£185,000	£264,238	30% below HPI
2002 12 SEP	£101,000	£125,874	20% below HPI
2000 14 JUL	£81,995	£96,635	15% below HPI

16 TRETOWER 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 three 16 TRETOWER WAY sales between July 2000 and October 2021 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 September 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 TRETOWER WAY?

16 TRETOWER WAY is 71m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where 16 TRETOWER WAY lies on this distribution: 8% of detached houses are smaller than 16 TRETOWER WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Thornton.

16 TRETOWER WAY: Plot and Title Map

16 TRETOWER WAY sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 16 TRETOWER 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 16 TRETOWER 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 16 TRETOWER WAY?

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