2, THE CHASE, THORNTON-CLEVELEYS, FY5 2JW - £158,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE CHASE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £158,000 in November 2013, which was around 19% below the average November 2013 detached price in the Wyre local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

2 THE CHASE Sold Prices

Land registry data shows five sales for 2 THE CHASE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Most of the five 2 THE CHASE 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 22 NOV	£158,000	£194,472	19% below HPI
2002 9 AUG	£145,000	£122,386	18% above HPI
1999 29 OCT	£72,950	£90,041	19% below HPI
1999 18 MAR	£78,750	£88,572	11% below HPI
1997 3 OCT	£74,000	£86,484	14% below HPI

2 THE CHASE 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 five 2 THE CHASE sales between October 1997 and November 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 August 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2013 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 THE CHASE?

2 THE CHASE is 76m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where 2 THE CHASE lies on this distribution: 12% of detached houses are smaller than 2 THE CHASE, and 88% of houses are larger. Note that EPC data is not available for all properties in Thornton.

2 THE CHASE: Plot and Title Map

2 THE CHASE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 2 THE CHASE, 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 THE CHASE). 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 THE CHASE?

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