SEASPRAY, ROSSALL PROMENADE, THORNTON-CLEVELEYS, FY5 1LP - £327,000

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.

SEASPRAY is a small detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £425,219. It was last sold for £327,000 in November 2018, which was around 37% above the average November 2018 detached price in the Wyre local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

SEASPRAY Sold Prices

Land registry data shows four sales for SEASPRAY 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 SEASPRAY 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 22 NOV	£327,000	£238,440	37% above HPI
2014 17 NOV	£285,000	£213,437	34% above HPI
2004 7 APR	£215,000	£183,152	17% above HPI
1999 15 SEP	£126,500	£93,729	35% above HPI

SEASPRAY 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 SEASPRAY sales between September 1999 and November 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 November 2014 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might SEASPRAY be worth now?

SEASPRAY might now be worth an estimated £425,219.

This is based on house price inflation of 30%, between November 2018 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 30% inflationary increase is applied to the most recent sale price for SEASPRAY of £327,000 on 22nd November 2018. For the value to have increased from £327,000 to £425,219 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of SEASPRAY has moved in line with the HPI for detached houses in the Wyre local authority area.
• The November 2018 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of SEASPRAY has not materially changed since November 2018.

How Large is SEASPRAY?

SEASPRAY is 99m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Cleveleys, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleveleys, and where SEASPRAY lies on this distribution: 40% of detached houses houses are smaller than SEASPRAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

SEASPRAY: Plot and Title Map

SEASPRAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of SEASPRAY, 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 SEASPRAY). 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 SEASPRAY?

SEASPRAY is located on ROSSALL PROMENADE in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of SEASPRAY on ROSSALL PROMENADE.