4, GARNET CLOSE, THORNTON-CLEVELEYS, FY5 3LS - £214,000

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.

4 GARNET CLOSE is a small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £280,860. It was last sold for £214,000 in March 2008, which was around 9% below the average March 2008 detached price in the Wyre local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

4 GARNET CLOSE Sold Prices

Land registry data shows three sales for 4 GARNET CLOSE 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 4 GARNET CLOSE 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
2008 14 MAR	£214,000	£236,248	9% below HPI
2002 28 JUN	£115,000	£120,890	5% below HPI
1997 5 DEC	£93,500	£89,662	4% above HPI

4 GARNET CLOSE 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 4 GARNET CLOSE sales between December 1997 and March 2008 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 June 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2008 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 4 GARNET CLOSE be worth now?

4 GARNET CLOSE might now be worth an estimated £280,860.

This is based on house price inflation of 31.2%, between March 2008 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 31.2% inflationary increase is applied to the most recent sale price for 4 GARNET CLOSE of £214,000 on 14th March 2008. For the value to have increased from £214,000 to £280,860 over the seventeen years and one month to February 2025, the following assumptions must hold true:

• The value of 4 GARNET CLOSE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The March 2008 sale price of £214,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GARNET CLOSE has not materially changed since March 2008.

How Large is 4 GARNET CLOSE?

4 GARNET CLOSE is 93m² according to the EPC inspection conducted in September 2012. 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 4 GARNET CLOSE lies on this distribution: 27% of detached houses houses are smaller than 4 GARNET CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

4 GARNET CLOSE: Plot and Title Map

4 GARNET CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 4 GARNET CLOSE, 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 4 GARNET CLOSE). 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 4 GARNET CLOSE?

4 GARNET CLOSE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 4 on GARNET CLOSE.