GREENBANK, RAIKES ROAD, THORNTON-CLEVELEYS, FY5 5LU - £417,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GREENBANK is a very large detached house of 243m², built sometime between 1967 and 1975. It was last sold for £417,000 in January 2018, which was around 84% above the average January 2018 detached price in the Wyre local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

GREENBANK Sold Prices

Land registry data shows four sales for GREENBANK 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 GREENBANK 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
2018 26 JAN	£417,000	£226,697	84% above HPI
2015 29 SEP	£325,000	£208,909	56% above HPI
2005 20 SEP	£400,000	£208,171	92% above HPI
1999 11 NOV	£155,000	£90,867	71% above HPI

GREENBANK 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 GREENBANK sales between November 1999 and January 2018 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 2015 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the January 2018 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is GREENBANK?

GREENBANK is 243m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where GREENBANK lies on this distribution: 99% of detached houses are smaller than GREENBANK, and 1% of houses are larger. Note that EPC data is not available for all properties in Thornton.

GREENBANK: Plot and Title Map

GREENBANK sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of GREENBANK, 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 GREENBANK). 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 GREENBANK?

GREENBANK is located on RAIKES ROAD in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of GREENBANK on RAIKES ROAD.