2, ALDER LANE, THORNTON-CLEVELEYS, FY5 4GT - £240,000

2 ALDER LANE is a midsized detached house of 105m², built sometime between 2007 and 2011. It was last sold for £240,000 in August 2022, which was around 19% below the average August 2022 detached price in the Wyre local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

2 ALDER LANE Sold Prices

Land registry data shows three sales for 2 ALDER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Two of the three 2 ALDER LANE sales were for below the average price, whilst one was 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
2022 11 AUG	£240,000	£295,910	19% below HPI
2019 14 NOV	£190,000	£226,554	16% below HPI
2012 22 MAR	£226,000	£191,142	18% above HPI

2 ALDER LANE 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 three 2 ALDER LANE sales between March 2012 and August 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 November 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 ALDER LANE?

2 ALDER LANE is 105m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 50% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where 2 ALDER LANE lies on this distribution: 46% of detached houses are smaller than 2 ALDER LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Thornton.

2 ALDER LANE: Plot and Title Map

2 ALDER LANE sits on a plot of roughly 13.8 acres, or 55,819m². The below map shows the location of 2 ALDER LANE, 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 2 ALDER LANE). 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 2 ALDER LANE?

2 ALDER LANE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 2 on ALDER LANE.