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
117 PARK LANE is a very large extended detached house of 187m², built sometime between 1950 and 1966. It was last sold for £492,500 in August 2017, which was around 45% above the average August 2017 detached price in the Cheshire East local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 117 PARK LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. Most of the four 117 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 |
---|---|---|---|
2017 18 AUG | £492,500 | £338,938 | 45% above HPI |
2017 4 APR | £450,000 | £339,223 | 33% above HPI |
2008 11 APR | £135,000 | £294,771 | 54% below HPI |
1998 23 OCT | £170,000 | £114,703 | 48% above HPI |
The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The four 117 PARK LANE sales between October 1998 and August 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 April 2017 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2017 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.
117 PARK LANE is 187m², which includes three extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses in Sandbach, based on EPC data. The below chart shows the distribution of detached houses by size in Sandbach, and where 117 PARK LANE lies on this distribution: 93% of detached houses are smaller than 117 PARK LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Sandbach.
117 PARK LANE sits on a plot of roughly 0.329 of an acre, or 1,330m². The below map shows the location of 117 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 117 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.
117 PARK LANE is located in SANDBACH, in the CW11 postcode district. The below map shows the position of No. 117 on PARK LANE.