2, RICHARDS WAY, THORNTON-CLEVELEYS, FY5 3TJ - £120,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 RICHARDS WAY is a very small semi-detached house of 69m², built sometime between 1991 and 1995. It was last sold for £120,000 in September 2013, which was around 39% below the average September 2013 detached price in the Wyre local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

2 RICHARDS WAY Sold Prices

Land registry data shows two sales for 2 RICHARDS 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 RICHARDS 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
2013 16 SEP	£120,000	£197,660	39% below HPI
1999 1 OCT	£69,950	£90,041	22% below HPI

2 RICHARDS 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 RICHARDS WAY sales from October 1999 and September 2013 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 October 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2013 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 RICHARDS WAY?

2 RICHARDS WAY is 69m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses by size in Blackpool, and where 2 RICHARDS WAY lies on this distribution: 5% of detached houses are smaller than 2 RICHARDS WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

2 RICHARDS WAY: Plot and Title Map

2 RICHARDS WAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 2 RICHARDS 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 RICHARDS 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 RICHARDS WAY?

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