17, THE HERMITAGE, THORNTON-CLEVELEYS, FY5 2TH - £469,500

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

17 THE HERMITAGE is a very large detached house of 217m², built sometime between 1983 and 1990, which could now be worth an estimated £613,126. It was last sold for £469,500 in April 2008, which was around 98% above the average April 2008 detached price in the Wyre local authority area. The most recent EPC inspection was January 2009, where the current energy rating was G, and the potential energy rating was F.

17 THE HERMITAGE Sold Prices

Land registry data shows three sales for 17 THE HERMITAGE 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 17 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
2008 22 APR	£469,500	£237,427	98% above HPI
2001 20 AUG	£250,000	£109,790	128% above HPI
1997 5 DEC	£150,000	£89,662	67% above HPI

17 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 three 17 THE HERMITAGE sales between December 1997 and April 2008 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 2001 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the April 2008 sale, where it falls to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might 17 THE HERMITAGE be worth now?

17 THE HERMITAGE might now be worth an estimated £613,126.

This is based on house price inflation of 30.6%, between April 2008 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 17 THE HERMITAGE of £469,500 on 22nd April 2008. For the value to have increased from £469,500 to £613,126 over the seventeen years and two months to February 2025, the following assumptions must hold true:

• The value of 17 THE HERMITAGE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The April 2008 sale price of £469,500 represented a fair market value for the property.
• The size, condition, and specification of 17 THE HERMITAGE has not materially changed since April 2008.

How Large is 17 THE HERMITAGE?

17 THE HERMITAGE is 217m² according to the EPC inspection conducted in January 2009. This puts it in the largest 10% 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 17 THE HERMITAGE lies on this distribution: 92% of detached houses houses are smaller than 17 THE HERMITAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

17 THE HERMITAGE: Plot and Title Map

17 THE HERMITAGE sits on a plot of roughly 0.235 of an acre, or 953m². The below map shows the location of 17 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 17 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 17 THE HERMITAGE?

17 THE HERMITAGE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 17 on THE HERMITAGE.