9, WELLS CLOSE, THORNTON-CLEVELEYS, FY5 2UX - £357,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 WELLS CLOSE is a very large extended detached house of 151m², built sometime between 1996 and 2002. It was last sold for £357,500 in January 2023, which was around 25% above the average January 2023 detached price in the Wyre local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

9 WELLS CLOSE Sold Prices

Land registry data shows four sales for 9 WELLS 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. All of the four 9 WELLS CLOSE 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
2023 6 JAN	£357,500	£286,800	25% above HPI
2015 24 APR	£224,000	£207,623	8% above HPI
2007 29 AUG	£247,500	£230,016	8% above HPI
1996 28 FEB	£107,350	£79,145	36% above HPI

9 WELLS 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 9 WELLS CLOSE sales between February 1996 and January 2023 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 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 9 WELLS CLOSE?

9 WELLS CLOSE is 151m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where 9 WELLS CLOSE lies on this distribution: 86% of detached houses are smaller than 9 WELLS CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Thornton.

9 WELLS CLOSE: Plot and Title Map

9 WELLS CLOSE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 9 WELLS 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 9 WELLS 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 9 WELLS CLOSE?

9 WELLS CLOSE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 9 on WELLS CLOSE.