Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 PARK LANE is a very large detached house of 193m². It was last sold for £640,000 in April 2021, which was around 3% above the average April 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 1 PARK LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two 1 PARK LANE 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 |
---|---|---|---|
2021 7 APR | £640,000 | £620,481 | 3% above HPI |
2014 29 AUG | £550,000 | £479,221 | 15% above HPI |
The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two 1 PARK LANE sales from August 2014 and April 2021 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 August 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.
1 PARK LANE is 193m² according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses in Little Canfield, based on EPC data. The below chart shows the distribution of detached houses by size in Little Canfield, and where 1 PARK LANE lies on this distribution: 95% of detached houses are smaller than 1 PARK LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Little Canfield.
1 PARK LANE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 1 PARK 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 1 PARK 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.
1 PARK LANE is located in LITTLE CANFIELD, in the CM6 postcode district. The below map shows the position of No. 1 on PARK LANE.