2, BEARWOOD WAY, THORNTON-CLEVELEYS, FY5 4FP - £275,000

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

2 BEARWOOD WAY is a very large detached house of 167m², built sometime between 1996 and 2002, which could now be worth an estimated £337,363. It was last sold for £275,000 in October 2020, which was around 12% above the average October 2020 detached price in the Wyre local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was D.

2 BEARWOOD WAY Sold Prices

Land registry data shows two sales for 2 BEARWOOD WAY 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 2 BEARWOOD 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
2020 30 OCT	£275,000	£245,060	12% above HPI
2003 17 MAR	£189,995	£143,995	32% above HPI

2 BEARWOOD 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 two 2 BEARWOOD WAY sales from March 2003 and October 2020 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 2003 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 2 BEARWOOD WAY be worth now?

2 BEARWOOD WAY might now be worth an estimated £337,363.

This is based on house price inflation of 22.7%, between October 2020 and December 2024, 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 22.7% inflationary increase is applied to the most recent sale price for 2 BEARWOOD WAY of £275,000 on 30th October 2020. For the value to have increased from £275,000 to £337,363 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 BEARWOOD WAY has moved in line with the HPI for detached houses in the Wyre local authority area.
• The October 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEARWOOD WAY has not materially changed since October 2020.

How Large is 2 BEARWOOD WAY?

2 BEARWOOD WAY is 167m² according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thornton, and where 2 BEARWOOD WAY lies on this distribution: 91% of detached houses houses are smaller than 2 BEARWOOD WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Thornton.

2 BEARWOOD WAY: Plot and Title Map

2 BEARWOOD WAY sits on a plot of roughly 2.0 acres, or 8,227m². The below map shows the location of 2 BEARWOOD 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 2 BEARWOOD 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 2 BEARWOOD WAY?

2 BEARWOOD WAY is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 2 on BEARWOOD WAY.