8, WILD OAKS DRIVE, THORNTON-CLEVELEYS, FY5 5BP - £187,000

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 WILD OAKS DRIVE is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £251,331. It was last sold for £187,000 in May 2020, which was around 19% below the average May 2020 detached price in the Wyre local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

8 WILD OAKS DRIVE Sold Prices

Land registry data shows two sales for 8 WILD OAKS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. One of the two 8 WILD OAKS DRIVE sales was for below the average price, whilst the other was 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 7 MAY	£187,000	£230,696	19% below HPI
2004 13 APR	£194,000	£183,152	6% above HPI

8 WILD OAKS DRIVE 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 two 8 WILD OAKS DRIVE sales from April 2004 and May 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 April 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 WILD OAKS DRIVE be worth now?

8 WILD OAKS DRIVE might now be worth an estimated £251,331.

This is based on house price inflation of 34.4%, between May 2020 and February 2025, 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 34.4% inflationary increase is applied to the most recent sale price for 8 WILD OAKS DRIVE of £187,000 on 7th May 2020. For the value to have increased from £187,000 to £251,331 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 8 WILD OAKS DRIVE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The May 2020 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WILD OAKS DRIVE has not materially changed since May 2020.

How Large is 8 WILD OAKS DRIVE?

8 WILD OAKS DRIVE is 78m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of detached houses houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thornton, and where 8 WILD OAKS DRIVE lies on this distribution: 14% of detached houses houses are smaller than 8 WILD OAKS DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Thornton.

8 WILD OAKS DRIVE: Plot and Title Map

8 WILD OAKS DRIVE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 8 WILD OAKS DRIVE, 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 WILD OAKS DRIVE). 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 WILD OAKS DRIVE?

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