1, SPEEDWELL CLOSE, THORNTON-CLEVELEYS, FY5 2ZF - £172,500

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.

1 SPEEDWELL CLOSE is a small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £224,372. It was last sold for £172,500 in September 2015, which was around 21% below the average September 2015 detached price in the Wyre local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

1 SPEEDWELL CLOSE Sold Prices

Land registry data shows two sales for 1 SPEEDWELL CLOSE 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 1 SPEEDWELL CLOSE sales were for below 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
2015 29 SEP	£172,500	£219,308	21% below HPI
2000 29 SEP	£79,000	£101,398	22% below HPI

1 SPEEDWELL 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 two 1 SPEEDWELL CLOSE sales from September 2000 and September 2015 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 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 SPEEDWELL CLOSE be worth now?

1 SPEEDWELL CLOSE might now be worth an estimated £224,372.

This is based on house price inflation of 30.1%, between September 2015 and June 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 30.1% inflationary increase is applied to the most recent sale price for 1 SPEEDWELL CLOSE of £172,500 on 29th September 2015. For the value to have increased from £172,500 to £224,372 over the ten years and three months to June 2025, the following assumptions must hold true:

• The value of 1 SPEEDWELL CLOSE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The September 2015 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SPEEDWELL CLOSE has not materially changed since September 2015.

How Large is 1 SPEEDWELL CLOSE?

1 SPEEDWELL CLOSE is 91m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thornton, and where 1 SPEEDWELL CLOSE lies on this distribution: 29% of detached houses houses are smaller than 1 SPEEDWELL CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Thornton.

1 SPEEDWELL CLOSE: Plot and Title Map

1 SPEEDWELL CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 1 SPEEDWELL 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 1 SPEEDWELL 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 1 SPEEDWELL CLOSE?

1 SPEEDWELL CLOSE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 1 on SPEEDWELL CLOSE.