2, CRAVEN CORNER, THORNTON-CLEVELEYS, FY5 3RW - £178,000

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.

2 CRAVEN CORNER is a small extended detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £235,151. It was last sold for £178,000 in September 2018, which was around 24% below the average September 2018 detached price in the Wyre local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

2 CRAVEN CORNER Sold Prices

Land registry data shows four sales for 2 CRAVEN CORNER since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the four 2 CRAVEN CORNER 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
2018 7 SEP	£178,000	£234,702	24% below HPI
2006 29 SEP	£186,000	£232,658	20% below HPI
2003 14 APR	£130,000	£149,067	13% below HPI
1999 5 FEB	£88,500	£92,348	4% below HPI

2 CRAVEN CORNER 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 four 2 CRAVEN CORNER sales between February 1999 and September 2018 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 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 CRAVEN CORNER be worth now?

2 CRAVEN CORNER might now be worth an estimated £235,151.

This is based on house price inflation of 32.1%, between September 2018 and February 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 32.1% inflationary increase is applied to the most recent sale price for 2 CRAVEN CORNER of £178,000 on 7th September 2018. For the value to have increased from £178,000 to £235,151 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 CRAVEN CORNER has moved in line with the HPI for detached houses in the Wyre local authority area.
• The September 2018 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CRAVEN CORNER has not materially changed since September 2018.

How Large is 2 CRAVEN CORNER?

2 CRAVEN CORNER is 89m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackpool, and where 2 CRAVEN CORNER lies on this distribution: 21% of detached houses houses are smaller than 2 CRAVEN CORNER, and 77% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

2 CRAVEN CORNER: Plot and Title Map

2 CRAVEN CORNER sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 2 CRAVEN CORNER, 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 CRAVEN CORNER). 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 CRAVEN CORNER?

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