4, LAUREL DRIVE, THORNTON-CLEVELEYS, FY5 5EX - £194,000

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

4 LAUREL DRIVE is a midsized extended detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £245,899. It was last sold for £194,000 in February 2008, which was around 18% below the average February 2008 detached price in the Wyre local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

4 LAUREL DRIVE Sold Prices

Land registry data shows three sales for 4 LAUREL DRIVE 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 4 LAUREL DRIVE 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
2008 8 FEB	£194,000	£237,182	18% below HPI
2005 30 SEP	£165,000	£218,533	24% below HPI
2003 17 NOV	£131,000	£169,048	23% below HPI

4 LAUREL DRIVE 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 4 LAUREL DRIVE sales between November 2003 and February 2008 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 September 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2008 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 LAUREL DRIVE be worth now?

4 LAUREL DRIVE might now be worth an estimated £245,899.

This is based on house price inflation of 26.8%, between February 2008 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 26.8% inflationary increase is applied to the most recent sale price for 4 LAUREL DRIVE of £194,000 on 8th February 2008. For the value to have increased from £194,000 to £245,899 over the fifteen years and two months to December 2024, the following assumptions must hold true:

• The value of 4 LAUREL DRIVE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The February 2008 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAUREL DRIVE has not materially changed since February 2008.

How Large is 4 LAUREL DRIVE?

4 LAUREL DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 50% 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 4 LAUREL DRIVE lies on this distribution: 55% of detached houses houses are smaller than 4 LAUREL DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Thornton.

4 LAUREL DRIVE: Plot and Title Map

4 LAUREL DRIVE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 4 LAUREL DRIVE, 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 4 LAUREL DRIVE). 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 4 LAUREL DRIVE?

4 LAUREL DRIVE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 4 on LAUREL DRIVE.