15, HEYS STREET, THORNTON-CLEVELEYS, FY5 4HN - £113,500

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.

15 HEYS STREET is a very small extended terraced house of 82m², built sometime between 1900 and 1929, which could now be worth an estimated £110,141. It was last sold for £113,500 in June 2022, which was around 19% below the average June 2022 terraced price in the Wyre local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

15 HEYS STREET Sold Prices

Land registry data shows three sales for 15 HEYS STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wyre local authority area for the corresponding sale date. All of the three 15 HEYS STREET 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
2022 24 JUN	£113,500	£139,354	19% below HPI
2016 26 AUG	£98,000	£105,994	8% below HPI
1997 31 OCT	£28,500	£39,331	28% below HPI

15 HEYS STREET 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 three 15 HEYS STREET sales between October 1997 and June 2022 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 August 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 15 HEYS STREET be worth now?

15 HEYS STREET might now be worth an estimated £110,141.

This is based on house price deflation of 3%, between June 2022 and June 2025, 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 3% deflationary decrease is applied to the most recent sale price for 15 HEYS STREET of £113,500 on 24th June 2022. For the value to have decreased from £113,500 to £110,141 over the three years to June 2025, the following assumptions must hold true:

• The value of 15 HEYS STREET has moved in line with the HPI for terraced houses in the Wyre local authority area.
• The June 2022 sale price of £113,500 represented a fair market value for the property.
• The size, condition, and specification of 15 HEYS STREET has not materially changed since June 2022.

How Large is 15 HEYS STREET?

15 HEYS STREET is 82m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% 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 15 HEYS STREET lies on this distribution: 18% of terraced houses houses are smaller than 15 HEYS STREET, and 82% of houses are larger. Note that EPC data is not available for all properties in Thornton.

15 HEYS STREET: Plot and Title Map

15 HEYS STREET sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 15 HEYS STREET, 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 15 HEYS STREET). 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 15 HEYS STREET?

15 HEYS STREET is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 15 on HEYS STREET.