2, PHEASANT WOOD DRIVE, THORNTON-CLEVELEYS, FY5 2AW - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PHEASANT WOOD DRIVE is a very large detached house of 154m², built sometime between 1991 and 1995, which could now be worth an estimated £254,544. It was last sold for £195,000 in June 2007, which was around 18% below the average June 2007 detached price in the Wyre local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

2 PHEASANT WOOD DRIVE Sold Prices

Land registry data shows four sales for 2 PHEASANT WOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the four 2 PHEASANT WOOD 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
2007 28 JUN	£195,000	£237,529	18% below HPI
2006 19 JAN	£150,000	£213,253	30% below HPI
2002 15 AUG	£109,950	£128,478	14% below HPI
1995 3 MAR	£59,750	£84,360	29% below HPI

2 PHEASANT WOOD 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 four 2 PHEASANT WOOD DRIVE sales between March 1995 and June 2007 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 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2007 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 PHEASANT WOOD DRIVE be worth now?

2 PHEASANT WOOD DRIVE might now be worth an estimated £254,544.

This is based on house price inflation of 30.5%, between June 2007 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 30.5% inflationary increase is applied to the most recent sale price for 2 PHEASANT WOOD DRIVE of £195,000 on 28th June 2007. For the value to have increased from £195,000 to £254,544 over the eighteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 PHEASANT WOOD DRIVE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The June 2007 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PHEASANT WOOD DRIVE has not materially changed since June 2007.

How Large is 2 PHEASANT WOOD DRIVE?

2 PHEASANT WOOD DRIVE is 154m² according to the EPC inspection conducted in August 2022. This puts it in the largest 20% 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 PHEASANT WOOD DRIVE lies on this distribution: 86% of detached houses houses are smaller than 2 PHEASANT WOOD DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Thornton.

2 PHEASANT WOOD DRIVE: Plot and Title Map

2 PHEASANT WOOD DRIVE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 2 PHEASANT WOOD 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 2 PHEASANT WOOD 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 2 PHEASANT WOOD DRIVE?

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