7, SORREL CLOSE, THORNTON-CLEVELEYS, FY5 2PA - £75,000

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 SORREL CLOSE is a midsized extended detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £223,848. It was last sold for £75,000 in January 2001, which was around 28% below the average January 2001 detached price in the Wyre local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

7 SORREL CLOSE Sold Prices

Land registry data shows two sales for 7 SORREL 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 SORREL 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
2001 12 JAN	£75,000	£103,885	28% below HPI
1995 17 FEB	£68,000	£86,588	21% below HPI

7 SORREL 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 SORREL CLOSE sales from February 1995 and January 2001 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 February 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2001 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 7 SORREL CLOSE be worth now?

7 SORREL CLOSE might now be worth an estimated £223,848.

This is based on house price inflation of 198.5%, between January 2001 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 198.5% inflationary increase is applied to the most recent sale price for 7 SORREL CLOSE of £75,000 on 12th January 2001. For the value to have increased from £75,000 to £223,848 over the 23 years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 SORREL CLOSE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The January 2001 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SORREL CLOSE has not materially changed since January 2001.

How Large is 7 SORREL CLOSE?

7 SORREL CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 50% 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 7 SORREL CLOSE lies on this distribution: 44% of detached houses houses are smaller than 7 SORREL CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Thornton.

7 SORREL CLOSE: Plot and Title Map

7 SORREL CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 7 SORREL 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 SORREL 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 SORREL CLOSE?

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