25, THE HERMITAGE, THORNTON-CLEVELEYS, FY5 2TH - £380,000

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

25 THE HERMITAGE is a very large detached house of 189m², built sometime between 1983 and 1990, which could now be worth an estimated £497,046. It was last sold for £380,000 in June 2006, which was around 65% above the average June 2006 detached price in the Wyre local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

25 THE HERMITAGE Sold Prices

Land registry data shows three sales for 25 THE HERMITAGE 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 25 THE HERMITAGE sales were for above 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
2006 23 JUN	£380,000	£229,839	65% above HPI
2005 10 FEB	£435,000	£210,938	106% above HPI
1997 23 MAY	£175,000	£87,916	99% above HPI

25 THE HERMITAGE 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 25 THE HERMITAGE sales between May 1997 and June 2006 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 February 2005 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the June 2006 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 25 THE HERMITAGE be worth now?

25 THE HERMITAGE might now be worth an estimated £497,046.

This is based on house price inflation of 30.8%, between June 2006 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 30.8% inflationary increase is applied to the most recent sale price for 25 THE HERMITAGE of £380,000 on 23rd June 2006. For the value to have increased from £380,000 to £497,046 over the seventeen years and six months to December 2024, the following assumptions must hold true:

• The value of 25 THE HERMITAGE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The June 2006 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 25 THE HERMITAGE has not materially changed since June 2006.

How Large is 25 THE HERMITAGE?

25 THE HERMITAGE is 189m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses houses in Cleveleys, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleveleys, and where 25 THE HERMITAGE lies on this distribution: 88% of detached houses houses are smaller than 25 THE HERMITAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

25 THE HERMITAGE: Plot and Title Map

25 THE HERMITAGE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 25 THE HERMITAGE, 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 25 THE HERMITAGE). 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 25 THE HERMITAGE?

25 THE HERMITAGE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 25 on THE HERMITAGE.