NORWOOD, TARN ROAD, THORNTON-CLEVELEYS, FY5 5AU - £240,000

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

NORWOOD is a midsized detached house of 112m², built sometime between 1900 and 1929. It was last sold for £240,000 in April 2006, which was around 15% above the average April 2006 detached price in the Wyre local authority area. The most recent EPC inspection was June 2022, where the current energy rating was A, and the potential energy rating was A.

NORWOOD Sold Prices

Land registry data shows two sales for NORWOOD 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. Both of the two NORWOOD 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
2006 10 APR	£240,000	£208,808	15% above HPI
1999 29 JAN	£110,000	£88,339	25% above HPI

NORWOOD 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 NORWOOD sales from January 1999 and April 2006 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 January 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2006 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is NORWOOD?

NORWOOD is 112m² according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where NORWOOD lies on this distribution: 54% of detached houses are smaller than NORWOOD, and 45% of houses are larger. Note that EPC data is not available for all properties in Thornton.

NORWOOD: Plot and Title Map

NORWOOD sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of NORWOOD, 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 NORWOOD). 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 NORWOOD?

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