10, PARK LANE, BURN, SELBY, YO8 8LW - £375,000

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.

10 PARK LANE is a midsized detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £465,410. It was last sold for £375,000 in September 2018, which was around 7% above the average September 2018 detached price in the North Yorkshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

10 PARK LANE Sold Prices

Land registry data shows three sales for 10 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. Two of the three 10 PARK LANE sales were for above the average price, whilst one was for below 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
2018 27 SEP	£375,000	£349,766	7% above HPI
2014 10 JAN	£235,000	£286,918	18% below HPI
1995 19 MAY	£100,000	£92,977	8% above HPI

10 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The three 10 PARK LANE sales between May 1995 and September 2018 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 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 10 PARK LANE be worth now?

10 PARK LANE might now be worth an estimated £465,410.

This is based on house price inflation of 24.1%, between September 2018 and February 2025, for detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.1% inflationary increase is applied to the most recent sale price for 10 PARK LANE of £375,000 on 27th September 2018. For the value to have increased from £375,000 to £465,410 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 PARK LANE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The September 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PARK LANE has not materially changed since September 2018.

How Large is 10 PARK LANE?

10 PARK LANE is 112m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses houses in Burn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burn, and where 10 PARK LANE lies on this distribution: 45% of detached houses houses are smaller than 10 PARK LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Burn.

10 PARK LANE: Plot and Title Map

10 PARK LANE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 10 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 10 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 10 PARK LANE?

10 PARK LANE is located in BURN, in the YO8 postcode district. The below map shows the position of No. 10 on PARK LANE.