8, SOUTH SQUARE, THORNTON-CLEVELEYS, FY5 1JP - £174,000

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

8 SOUTH SQUARE is a small extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £240,384. It was last sold for £174,000 in November 2015, which was around 20% below the average November 2015 detached price in the Wyre local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

8 SOUTH SQUARE Sold Prices

Land registry data shows three sales for 8 SOUTH SQUARE 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 SOUTH SQUARE 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
2015 4 NOV	£174,000	£217,611	20% below HPI
2014 2 JUL	£171,500	£212,008	19% below HPI
2007 19 SEP	£145,000	£245,837	41% below HPI

8 SOUTH SQUARE 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 SOUTH SQUARE sales between September 2007 and November 2015 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 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 SOUTH SQUARE be worth now?

8 SOUTH SQUARE might now be worth an estimated £240,384.

This is based on house price inflation of 38.2%, between November 2015 and December 2024, 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 38.2% inflationary increase is applied to the most recent sale price for 8 SOUTH SQUARE of £174,000 on 4th November 2015. For the value to have increased from £174,000 to £240,384 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 SOUTH SQUARE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The November 2015 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SOUTH SQUARE has not materially changed since November 2015.

How Large is 8 SOUTH SQUARE?

8 SOUTH SQUARE is 99m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses houses in Cleveleys, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleveleys, and where 8 SOUTH SQUARE lies on this distribution: 40% of detached houses houses are smaller than 8 SOUTH SQUARE, and 59% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

8 SOUTH SQUARE: Plot and Title Map

8 SOUTH SQUARE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 8 SOUTH SQUARE, 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 SOUTH SQUARE). 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 SOUTH SQUARE?

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