56, RINGWAY, THORNTON-CLEVELEYS, FY5 2NJ - £240,000

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

56 RINGWAY is a small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £240,000 in March 2023, which was around 14% below the average March 2023 detached price in the Wyre local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

56 RINGWAY Sold Prices

Land registry data shows two sales for 56 RINGWAY 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. Both of the two 56 RINGWAY 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
2023 8 MAR	£240,000	£278,450	14% below HPI
2002 14 JUL	£45,000	£118,230	62% below HPI

56 RINGWAY 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 56 RINGWAY sales from July 2002 and March 2023 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 2002 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the March 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 56 RINGWAY?

56 RINGWAY is 82m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses in Cleveleys, based on EPC data. The below chart shows the distribution of detached houses by size in Cleveleys, and where 56 RINGWAY lies on this distribution: 21% of detached houses are smaller than 56 RINGWAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

56 RINGWAY: Plot and Title Map

56 RINGWAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 56 RINGWAY, 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 56 RINGWAY). 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 56 RINGWAY?

56 RINGWAY is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 56 on RINGWAY.