8, THE GROVE, THORNTON-CLEVELEYS, FY5 2JD - £190,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 THE GROVE is a small semi-detached house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £237,944. It was last sold for £190,000 in September 2020, which was around 28% above the average September 2020 semi-detached price in the Wyre local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

8 THE GROVE Sold Prices

Land registry data shows two sales for 8 THE GROVE 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 GROVE 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
2020 1 SEP	£190,000	£148,509	28% above HPI
2012 31 JUL	£142,950	£128,652	11% above HPI

8 THE GROVE 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 GROVE sales from July 2012 and September 2020 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 2012 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 8 THE GROVE be worth now?

8 THE GROVE might now be worth an estimated £237,944.

This is based on house price inflation of 25.2%, between September 2020 and February 2025, 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 25.2% inflationary increase is applied to the most recent sale price for 8 THE GROVE of £190,000 on 1st September 2020. For the value to have increased from £190,000 to £237,944 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 THE GROVE has moved in line with the HPI for semi-detached houses in the Wyre local authority area.
• The September 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE GROVE has not materially changed since September 2020.

How Large is 8 THE GROVE?

8 THE GROVE is 91m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of semi-detached houses houses in Cleveleys, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cleveleys, and where 8 THE GROVE lies on this distribution: 30% of semi-detached houses houses are smaller than 8 THE GROVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

8 THE GROVE: Plot and Title Map

8 THE GROVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 8 THE GROVE, 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 GROVE). 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 GROVE?

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