8, PENNY FARTHING LANE, THORNTON-CLEVELEYS, FY5 2ED - £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

8 PENNY FARTHING LANE is a large detached house of 139m², built sometime between 1976 and 1982. It was last sold for £240,000 in August 2016, which was around 13% above the average August 2016 detached price in the Wyre local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

8 PENNY FARTHING LANE Sold Prices

Land registry data shows three sales for 8 PENNY FARTHING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the three 8 PENNY FARTHING LANE sales were for above 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
2016 15 AUG	£240,000	£212,582	13% above HPI
2012 25 MAY	£240,000	£195,838	23% above HPI
1996 12 SEP	£107,000	£80,680	33% above HPI

8 PENNY FARTHING LANE 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 three 8 PENNY FARTHING LANE sales between September 1996 and August 2016 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 2012 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 8 PENNY FARTHING LANE?

8 PENNY FARTHING LANE is 139m² according to the EPC inspection conducted in June 2011. This puts it in the largest 30% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where 8 PENNY FARTHING LANE lies on this distribution: 80% of detached houses are smaller than 8 PENNY FARTHING LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Thornton.

8 PENNY FARTHING LANE: Plot and Title Map

8 PENNY FARTHING LANE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 8 PENNY FARTHING LANE, 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 8 PENNY FARTHING LANE). 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 8 PENNY FARTHING LANE?

8 PENNY FARTHING LANE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 8 on PENNY FARTHING LANE.