8, SNIPE CLOSE, THORNTON-CLEVELEYS, FY5 2AH - £225,000

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 SNIPE CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £225,000 in September 2021, which was around 13% below the average September 2021 detached price in the Wyre local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

8 SNIPE CLOSE Sold Prices

Land registry data shows four sales for 8 SNIPE 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. Most of the four 8 SNIPE 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
2021 3 SEP	£225,000	£257,202	13% below HPI
2009 18 DEC	£219,000	£214,958	2% above HPI
2007 22 NOV	£190,000	£238,326	20% below HPI
1996 23 MAY	£55,000	£79,713	31% below HPI

8 SNIPE 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 8 SNIPE CLOSE sales between May 1996 and September 2021 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 December 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 SNIPE CLOSE?

8 SNIPE CLOSE is 70m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% 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 SNIPE CLOSE lies on this distribution: 7% of detached houses are smaller than 8 SNIPE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Thornton.

8 SNIPE CLOSE: Plot and Title Map

8 SNIPE CLOSE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 8 SNIPE 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 8 SNIPE 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 8 SNIPE CLOSE?

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