3, MILL VIEW, THORNTON-CLEVELEYS, FY5 3SP - £270,000

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.

3 MILL VIEW is a very large extended terraced house of 147m², built sometime between 2003 and 2006, which could now be worth an estimated £285,489. It was last sold for £270,000 in June 2023, which was around 95% above the average June 2023 terraced price in the Wyre local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

3 MILL VIEW Sold Prices

Land registry data shows four sales for 3 MILL VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Wyre local authority area for the corresponding sale date. All of the four 3 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
2023 23 JUN	£270,000	£138,482	95% above HPI
2022 16 DEC	£260,000	£147,133	77% above HPI
2014 10 DEC	£232,000	£102,217	127% above HPI
2008 28 MAR	£285,000	£116,752	144% above HPI

3 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 four 3 MILL VIEW sales between March 2008 and June 2023 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 December 2022 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the June 2023 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 3 MILL VIEW be worth now?

3 MILL VIEW might now be worth an estimated £285,489.

This is based on house price inflation of 5.7%, between June 2023 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 5.7% inflationary increase is applied to the most recent sale price for 3 MILL VIEW of £270,000 on 23rd June 2023. For the value to have increased from £270,000 to £285,489 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of 3 MILL VIEW has moved in line with the HPI for terraced houses in the Wyre local authority area.
• The June 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL VIEW has not materially changed since June 2023.

How Large is 3 MILL VIEW?

3 MILL VIEW is 147m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 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 3 MILL VIEW lies on this distribution: 84% of terraced houses houses are smaller than 3 MILL VIEW, and 16% of houses are larger. Note that EPC data is not available for all properties in Thornton.

3 MILL VIEW: Plot and Title Map

3 MILL VIEW sits on a plot of roughly 1.5 acres, or 6,176m². The below map shows the location of 3 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 3 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 3 MILL VIEW?

3 MILL VIEW is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 3 on MILL VIEW.