11, MILL VIEW, THORNTON-CLEVELEYS, FY5 3SP - £246,000

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 MILL VIEW is a large terraced house of 138m², built sometime between 2003 and 2006, which could now be worth an estimated £357,725. It was last sold for £246,000 in June 2012, which was around 144% above the average June 2012 terraced price in the Wyre local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

11 MILL VIEW Sold Prices

Land registry data shows two sales for 11 MILL VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wyre local authority area for the corresponding sale date. Both of the two 11 MILL VIEW 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
2012 26 JUN	£246,000	£100,694	144% above HPI
2007 17 OCT	£249,950	£122,182	105% above HPI

11 MILL VIEW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wyre local authority area over time, sourced from the HPI. The two 11 MILL VIEW sales from October 2007 and June 2012 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 2007 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the June 2012 sale, where it rises to 144% above the HPI. The line then continues to track at 144% above the HPI.

What might 11 MILL VIEW be worth now?

11 MILL VIEW might now be worth an estimated £357,725.

This is based on house price inflation of 45.4%, between June 2012 and May 2026, for terraced 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 45.4% inflationary increase is applied to the most recent sale price for 11 MILL VIEW of £246,000 on 26th June 2012. For the value to have increased from £246,000 to £357,725 over the fourteen years and one month to May 2026, the following assumptions must hold true:

• The value of 11 MILL VIEW has moved in line with the HPI for terraced houses in the Wyre local authority area.
• The June 2012 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MILL VIEW has not materially changed since June 2012.

How Large is 11 MILL VIEW?

11 MILL VIEW is 138m² according to the EPC inspection conducted in October 2011. This puts it in the largest 30% of terraced houses houses in Thornton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Thornton, and where 11 MILL VIEW lies on this distribution: 77% of terraced houses houses are smaller than 11 MILL VIEW, and 22% of houses are larger. Note that EPC data is not available for all properties in Thornton.

11 MILL VIEW: Plot and Title Map

11 MILL VIEW sits on a plot of roughly 1.5 acres, or 6,176m². The below map shows the location of 11 MILL VIEW, 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 MILL VIEW). 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 MILL VIEW?

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