7, HERIOT CLOSE, THORNTON-CLEVELEYS, FY5 3TR - £176,000

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

7 HERIOT CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £269,973. It was last sold for £176,000 in June 2013, which was around 13% below the average June 2013 detached price in the Wyre local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

7 HERIOT CLOSE Sold Prices

Land registry data shows two sales for 7 HERIOT CLOSE 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 7 HERIOT 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
2013 28 JUN	£176,000	£202,133	13% below HPI
1999 1 SEP	£82,000	£93,729	13% below HPI

7 HERIOT 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 two 7 HERIOT CLOSE sales from September 1999 and June 2013 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 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2013 sale, which was also at 13% below the HPI.

What might 7 HERIOT CLOSE be worth now?

7 HERIOT CLOSE might now be worth an estimated £269,973.

This is based on house price inflation of 53.4%, between June 2013 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 53.4% inflationary increase is applied to the most recent sale price for 7 HERIOT CLOSE of £176,000 on 28th June 2013. For the value to have increased from £176,000 to £269,973 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of 7 HERIOT CLOSE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The June 2013 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HERIOT CLOSE has not materially changed since June 2013.

How Large is 7 HERIOT CLOSE?

7 HERIOT CLOSE is 72m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackpool, and where 7 HERIOT CLOSE lies on this distribution: 7% of detached houses houses are smaller than 7 HERIOT CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

7 HERIOT CLOSE: Plot and Title Map

7 HERIOT CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 HERIOT 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 7 HERIOT 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 7 HERIOT CLOSE?

7 HERIOT CLOSE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 7 on HERIOT CLOSE.