8, THE COVERT, THORNTON-CLEVELEYS, FY5 2HW - £85,000

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 THE COVERT is a very small semi-detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £115,042. It was last sold for £85,000 in February 2016, which was around 36% below the average February 2016 semi-detached price in the Wyre local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

8 THE COVERT Sold Prices

Land registry data shows two sales for 8 THE COVERT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wyre local authority area for the corresponding sale date. Both of the two 8 THE COVERT 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
2016 29 FEB	£85,000	£133,726	36% below HPI
2006 11 SEP	£140,000	£146,892	5% below HPI

8 THE COVERT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wyre local authority area over time, sourced from the HPI. The two 8 THE COVERT sales from September 2006 and February 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 September 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2016 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 8 THE COVERT be worth now?

8 THE COVERT might now be worth an estimated £115,042.

This is based on house price inflation of 35.3%, between February 2016 and December 2024, for semi-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 35.3% inflationary increase is applied to the most recent sale price for 8 THE COVERT of £85,000 on 29th February 2016. For the value to have increased from £85,000 to £115,042 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 8 THE COVERT has moved in line with the HPI for semi-detached houses in the Wyre local authority area.
• The February 2016 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE COVERT has not materially changed since February 2016.

How Large is 8 THE COVERT?

8 THE COVERT is 66m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of semi-detached houses houses in Thornton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thornton, and where 8 THE COVERT lies on this distribution: 4% of semi-detached houses houses are smaller than 8 THE COVERT, and 96% of houses are larger. Note that EPC data is not available for all properties in Thornton.

8 THE COVERT: Plot and Title Map

8 THE COVERT sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 8 THE COVERT, 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 THE COVERT). 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 THE COVERT?

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