3, ALDER LANE, THORNTON-CLEVELEYS, FY5 4GT - £196,000

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

3 ALDER LANE is a very small detached house of 82m², which could now be worth an estimated £242,705. It was last sold for £196,000 in December 2020, which was around 22% below the average December 2020 detached price in the Wyre local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

3 ALDER LANE Sold Prices

Land registry data shows two sales for 3 ALDER LANE 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 3 ALDER LANE 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
2020 18 DEC	£196,000	£250,393	22% below HPI
2011 30 JUN	£189,500	£206,930	8% below HPI

3 ALDER LANE 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 3 ALDER LANE sales from June 2011 and December 2020 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 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 ALDER LANE be worth now?

3 ALDER LANE might now be worth an estimated £242,705.

This is based on house price inflation of 23.8%, between December 2020 and February 2025, 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 23.8% inflationary increase is applied to the most recent sale price for 3 ALDER LANE of £196,000 on 18th December 2020. For the value to have increased from £196,000 to £242,705 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 ALDER LANE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The December 2020 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ALDER LANE has not materially changed since December 2020.

How Large is 3 ALDER LANE?

3 ALDER LANE is 82m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% 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 3 ALDER LANE lies on this distribution: 19% of detached houses houses are smaller than 3 ALDER LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Thornton.

3 ALDER LANE: Plot and Title Map

3 ALDER LANE sits on a plot of roughly 13.6 acres, or 54,962m². The below map shows the location of 3 ALDER LANE, 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 3 ALDER LANE). 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 3 ALDER LANE?

3 ALDER LANE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 3 on ALDER LANE.