11, HOPE CLOSE, THORNTON-CLEVELEYS, FY5 4LT - £125,000

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.

11 HOPE CLOSE is a very small extended semi-detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £175,497. It was last sold for £125,000 in May 2016, which was around 6% below the average May 2016 semi-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.

11 HOPE CLOSE Sold Prices

Land registry data shows four sales for 11 HOPE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wyre local authority area for the corresponding sale date. Most of the four 11 HOPE 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
2016 6 MAY	£125,000	£132,469	6% below HPI
2016 29 APR	£130,000	£131,346	1% below HPI
2002 28 JUN	£69,500	£71,599	3% below HPI
2000 19 DEC	£68,500	£60,874	13% above HPI

11 HOPE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wyre local authority area over time, sourced from the HPI. The four 11 HOPE CLOSE sales between December 2000 and May 2016 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 April 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 11 HOPE CLOSE be worth now?

11 HOPE CLOSE might now be worth an estimated £175,497.

This is based on house price inflation of 40.4%, between May 2016 and February 2025, for semi-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 40.4% inflationary increase is applied to the most recent sale price for 11 HOPE CLOSE of £125,000 on 6th May 2016. For the value to have increased from £125,000 to £175,497 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 11 HOPE CLOSE has moved in line with the HPI for semi-detached houses in the Wyre local authority area.
• The May 2016 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HOPE CLOSE has not materially changed since May 2016.

How Large is 11 HOPE CLOSE?

11 HOPE CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of semi-detached houses houses in Thornton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thornton, and where 11 HOPE CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 11 HOPE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Thornton.

11 HOPE CLOSE: Plot and Title Map

11 HOPE CLOSE sits on a plot of roughly 0.451 of an acre, or 1,825m². The below map shows the location of 11 HOPE 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 11 HOPE 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 11 HOPE CLOSE?

11 HOPE CLOSE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 11 on HOPE CLOSE.