2, THE MALTINGS, THORNTON-CLEVELEYS, FY5 2LU - £220,000

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 MALTINGS is a small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £220,000 in August 2024, which was around 25% below the average August 2024 detached price in the Wyre local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

2 THE MALTINGS Sold Prices

Land registry data shows three sales for 2 THE MALTINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the three 2 THE MALTINGS 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
2024 27 AUG	£220,000	£292,242	25% below HPI
2008 12 JUN	£175,000	£229,928	24% below HPI
2006 16 FEB	£119,500	£205,683	42% below HPI

2 THE MALTINGS 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 three 2 THE MALTINGS sales between February 2006 and August 2024 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 June 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 THE MALTINGS?

2 THE MALTINGS is 87m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% 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 MALTINGS lies on this distribution: 24% of detached houses are smaller than 2 THE MALTINGS, and 75% of houses are larger. Note that EPC data is not available for all properties in Thornton.

2 THE MALTINGS: Plot and Title Map

2 THE MALTINGS sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 2 THE MALTINGS, 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 MALTINGS). 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 MALTINGS?

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