5, HERON CLOSE, THORNTON-CLEVELEYS, FY5 2JJ - £172,500

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

5 HERON CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £225,844. It was last sold for £172,500 in September 2017, which was around 27% below the average September 2017 detached price in the Wyre local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

5 HERON CLOSE Sold Prices

Land registry data shows four sales for 5 HERON CLOSE 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 5 HERON CLOSE 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
2017 21 SEP	£172,500	£236,824	27% below HPI
2003 1 JUL	£139,950	£153,943	9% below HPI
2000 25 AUG	£86,500	£101,917	15% below HPI
1997 12 SEP	£74,950	£88,204	15% below HPI

5 HERON 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 four 5 HERON CLOSE sales between September 1997 and September 2017 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 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 HERON CLOSE be worth now?

5 HERON CLOSE might now be worth an estimated £225,844.

This is based on house price inflation of 30.9%, between September 2017 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 30.9% inflationary increase is applied to the most recent sale price for 5 HERON CLOSE of £172,500 on 21st September 2017. For the value to have increased from £172,500 to £225,844 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 HERON CLOSE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The September 2017 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 5 HERON CLOSE has not materially changed since September 2017.

How Large is 5 HERON CLOSE?

5 HERON CLOSE is 67m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% 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 5 HERON CLOSE lies on this distribution: 4% of detached houses houses are smaller than 5 HERON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Thornton.

5 HERON CLOSE: Plot and Title Map

5 HERON CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 5 HERON 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 5 HERON 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 5 HERON CLOSE?

5 HERON CLOSE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 5 on HERON CLOSE.