48, TARNWAY AVENUE, THORNTON-CLEVELEYS, FY5 5BA - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 TARNWAY AVENUE is a very small detached house of 77m², built sometime between 1930 and 1949. It was last sold for £265,000 in May 2021, which was around 7% above the average May 2021 detached price in the Wyre local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

48 TARNWAY AVENUE Sold Prices

Land registry data shows two sales for 48 TARNWAY AVENUE 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. One of the two 48 TARNWAY AVENUE sales was for above the average price, whilst the other was 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
2021 21 MAY	£265,000	£246,933	7% above HPI
2019 15 MAY	£120,000	£222,896	46% below HPI

48 TARNWAY 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 two 48 TARNWAY AVENUE sales from May 2019 and May 2021 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 May 2019 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 48 TARNWAY AVENUE?

48 TARNWAY AVENUE is 77m² according to the EPC inspection conducted in July 2018. 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 48 TARNWAY AVENUE lies on this distribution: 13% of detached houses are smaller than 48 TARNWAY AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Thornton.

48 TARNWAY AVENUE: Plot and Title Map

48 TARNWAY AVENUE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 48 TARNWAY 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 48 TARNWAY 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 48 TARNWAY AVENUE?

48 TARNWAY AVENUE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 48 on TARNWAY AVENUE.