3, WELLS CLOSE, THORNTON-CLEVELEYS, FY5 2UX - £172,500

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

3 WELLS CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £172,500 in September 2014, which was around 15% below the average September 2014 detached price in the Wyre local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

3 WELLS CLOSE Sold Prices

Land registry data shows three sales for 3 WELLS CLOSE 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. Two of the three 3 WELLS CLOSE sales were for below the average price, whilst one was 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
2014 17 SEP	£172,500	£203,100	15% below HPI
2014 29 AUG	£170,000	£202,345	16% below HPI
1996 26 JAN	£81,050	£79,681	2% above HPI

3 WELLS CLOSE 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 3 WELLS CLOSE sales between January 1996 and September 2014 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 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 WELLS CLOSE?

3 WELLS CLOSE is 82m² according to the EPC inspection conducted in January 2014. 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 3 WELLS CLOSE lies on this distribution: 18% of detached houses are smaller than 3 WELLS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Thornton.

3 WELLS CLOSE: Plot and Title Map

3 WELLS CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 3 WELLS CLOSE, 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 WELLS CLOSE). 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 WELLS CLOSE?

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