THE GRANGE, WOODLAND AVENUE, THORNTON-CLEVELEYS, FY5 4HA - £150,000

THE GRANGE is a very large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £150,000 in January 2017, which was around 30% below the average January 2017 detached price in the Wyre local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was D.

THE GRANGE Sold Prices

Land registry data shows three sales for THE GRANGE 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 THE GRANGE 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
2017 30 JAN	£150,000	£213,123	30% below HPI
2016 7 JAN	£144,000	£210,246	32% below HPI
1996 15 APR	£87,500	£79,540	10% above HPI

THE GRANGE 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 THE GRANGE sales between April 1996 and January 2017 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 January 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is THE GRANGE?

THE GRANGE is 148m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 20% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where THE GRANGE lies on this distribution: 84% of detached houses are smaller than THE GRANGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Thornton.

THE GRANGE: Plot and Title Map

THE GRANGE sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of THE GRANGE, 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 THE GRANGE). 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 THE GRANGE?

THE GRANGE is located on WOODLAND AVENUE in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of THE GRANGE on WOODLAND AVENUE.