THE BEECHES, HOLMEFIELD AVENUE, THORNTON-CLEVELEYS, FY5 2QR - £637,500

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

THE BEECHES is a very large detached house of 247m², built sometime between 1996 and 2002. It was last sold for £637,500 in July 2019, which was around 185% above the average July 2019 detached price in the Wyre local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

THE BEECHES Sold Prices

Land registry data shows two sales for THE BEECHES 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 THE BEECHES 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
2019 19 JUL	£637,500	£223,817	185% above HPI
2015 14 OCT	£505,000	£211,043	139% above HPI

THE BEECHES 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 THE BEECHES sales from October 2015 and July 2019 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 October 2015 sale was for 139% above the HPI. So the extrapolation line tracks at 139% above the HPI over time, until the July 2019 sale, where it rises to 185% above the HPI. The line then continues to track at 185% above the HPI.

How Large is THE BEECHES?

THE BEECHES is 247m² according to the EPC inspection conducted in November 2011. This puts it in the largest 10% of detached houses in Cleveleys, based on EPC data. The below chart shows the distribution of detached houses by size in Cleveleys, and where THE BEECHES lies on this distribution: 95% of detached houses are smaller than THE BEECHES, and 5% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

THE BEECHES is located on HOLMEFIELD AVENUE in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of THE BEECHES on HOLMEFIELD AVENUE.