4, PENNY FARTHING LANE, THORNTON-CLEVELEYS, FY5 2ED - £160,000

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

4 PENNY FARTHING LANE is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £160,000 in November 2019, which was around 29% below the average November 2019 detached price in the Wyre local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

4 PENNY FARTHING LANE Sold Prices

Land registry data shows four sales for 4 PENNY FARTHING LANE 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 4 PENNY FARTHING 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
2019 22 NOV	£160,000	£226,554	29% below HPI
2017 7 JUL	£175,000	£217,646	20% below HPI
2010 16 AUG	£150,000	£213,833	30% below HPI
1995 22 AUG	£68,000	£79,470	14% below HPI

4 PENNY FARTHING 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 four 4 PENNY FARTHING LANE sales between August 1995 and November 2019 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 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 PENNY FARTHING LANE?

4 PENNY FARTHING LANE is 55m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where 4 PENNY FARTHING LANE lies on this distribution: 1% of detached houses are smaller than 4 PENNY FARTHING LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Thornton.

4 PENNY FARTHING LANE: Plot and Title Map

4 PENNY FARTHING LANE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 4 PENNY FARTHING 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 4 PENNY FARTHING 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 4 PENNY FARTHING LANE?

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