1, PARK LANE, SAFFRON WALDEN, CB10 1DA - £750,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

1 PARK LANE is a large extended detached house of 164m², built sometime before 1900. It was last sold for £750,000 in September 2005, which was around 109% above the average September 2005 detached price in the Uttlesford local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

1 PARK LANE Sold Prices

Land registry data shows two sales for 1 PARK LANE since 1^st 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
2005 23 SEP	£750,000	£359,326	109% above HPI
2002 2 APR	£365,000	£278,478	31% above HPI

1 PARK LANE Price Paid vs. HPI Average

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 April 2002 and September 2005 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 April 2002 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2005 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is 1 PARK LANE?

1 PARK LANE is 164m², which includes three extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 30% of detached houses in Saffron Walden, based on EPC data. The below chart shows the distribution of detached houses by size in Saffron Walden, and where 1 PARK LANE lies on this distribution: 78% of detached houses are smaller than 1 PARK LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Saffron Walden.

1 PARK LANE: Plot and Title Map

1 PARK LANE sits on a plot of roughly 0.124 of an acre, or 502m². 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.

Where is 1 PARK LANE?

1 PARK LANE is located in SAFFRON WALDEN, in the CB10 postcode district. The below map shows the position of No. 1 on PARK LANE.