3, ROSEMARY AVENUE, THORNTON-CLEVELEYS, FY5 2RE - £205,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 ROSEMARY AVENUE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £257,315. It was last sold for £205,000 in November 2020, which was around 17% below the average November 2020 detached price in the Wyre local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

3 ROSEMARY AVENUE Sold Prices

Land registry data shows four sales for 3 ROSEMARY AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the four 3 ROSEMARY AVENUE 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 26 NOV	£205,000	£247,021	17% below HPI
2005 19 JUL	£165,000	£220,219	25% below HPI
1999 18 JUN	£77,500	£90,968	15% below HPI
1998 21 DEC	£60,000	£93,128	36% below HPI

3 ROSEMARY AVENUE 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 four 3 ROSEMARY AVENUE sales between December 1998 and November 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 July 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 ROSEMARY AVENUE be worth now?

3 ROSEMARY AVENUE might now be worth an estimated £257,315.

This is based on house price inflation of 25.5%, between November 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 25.5% inflationary increase is applied to the most recent sale price for 3 ROSEMARY AVENUE of £205,000 on 26th November 2020. For the value to have increased from £205,000 to £257,315 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 ROSEMARY AVENUE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The November 2020 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROSEMARY AVENUE has not materially changed since November 2020.

How Large is 3 ROSEMARY AVENUE?

3 ROSEMARY AVENUE is 65m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 3 ROSEMARY AVENUE lies on this distribution: 4% of detached houses houses are smaller than 3 ROSEMARY AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

3 ROSEMARY AVENUE: Plot and Title Map

3 ROSEMARY AVENUE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 3 ROSEMARY AVENUE, 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 ROSEMARY AVENUE). 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 ROSEMARY AVENUE?

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