2, SORREL CLOSE, THORNTON-CLEVELEYS, FY5 2PA - £162,500

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

2 SORREL CLOSE is a midsized detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £207,930. It was last sold for £162,500 in August 2019, which was around 31% below the average August 2019 detached price in the Wyre local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

2 SORREL CLOSE Sold Prices

Land registry data shows two sales for 2 SORREL CLOSE 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 SORREL CLOSE 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
2019 30 AUG	£162,500	£234,949	31% below HPI
2001 7 SEP	£94,950	£112,628	16% below HPI

2 SORREL CLOSE 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 SORREL CLOSE sales from September 2001 and August 2019 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 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 SORREL CLOSE be worth now?

2 SORREL CLOSE might now be worth an estimated £207,930.

This is based on house price inflation of 28%, between August 2019 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 28% inflationary increase is applied to the most recent sale price for 2 SORREL CLOSE of £162,500 on 30th August 2019. For the value to have increased from £162,500 to £207,930 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 SORREL CLOSE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The August 2019 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SORREL CLOSE has not materially changed since August 2019.

How Large is 2 SORREL CLOSE?

2 SORREL CLOSE is 101m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% 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 SORREL CLOSE lies on this distribution: 41% of detached houses houses are smaller than 2 SORREL CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Thornton.

2 SORREL CLOSE: Plot and Title Map

2 SORREL CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 2 SORREL CLOSE, 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 SORREL CLOSE). 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 SORREL CLOSE?

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