11, PARK LANE, WHITEFIELD, MANCHESTER, M45 7JJ - £640,000

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

11 PARK LANE is a large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £640,000 in June 2022, which was around 65% above the average June 2022 detached price in the Bury local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

11 PARK LANE Sold Prices

Land registry data shows two sales for 11 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 Bury local authority area for the corresponding sale date. Both of the two 11 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
2022 9 JUN	£640,000	£387,605	65% above HPI
2010 18 MAY	£280,000	£222,025	26% above HPI

11 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 11 PARK LANE sales from May 2010 and June 2022 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 May 2010 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2022 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 11 PARK LANE?

11 PARK LANE is 172m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses in Whitefield, based on EPC data. The below chart shows the distribution of detached houses by size in Whitefield, and where 11 PARK LANE lies on this distribution: 70% of detached houses are smaller than 11 PARK LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Whitefield.

11 PARK LANE: Plot and Title Map

11 PARK LANE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 11 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 11 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 11 PARK LANE?

11 PARK LANE is located in WHITEFIELD, in the M45 postcode district. The below map shows the position of No. 11 on PARK LANE.