186, PARK LANE, WHITEFIELD, MANCHESTER, M45 7QL - £140,000

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

186 PARK LANE is a midsized extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £140,000 in May 2002, which was around 12% above the average May 2002 detached price in the Bury local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was D.

186 PARK LANE Sold Prices

Land registry data shows three sales for 186 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 Bury local authority area for the corresponding sale date. One of the three 186 PARK LANE sales was for above the average price, whilst two were 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
2002 23 MAY	£140,000	£124,655	12% above HPI
1997 10 JUN	£69,000	£83,964	18% below HPI
1996 9 JUL	£55,000	£76,929	29% below HPI

186 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 three 186 PARK LANE sales between July 1996 and May 2002 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 June 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2002 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 186 PARK LANE?

186 PARK LANE is 137m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Whitefield, based on EPC data. The below chart shows the distribution of detached houses by size in Whitefield, and where 186 PARK LANE lies on this distribution: 53% of detached houses are smaller than 186 PARK LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Whitefield.

186 PARK LANE: Plot and Title Map

186 PARK LANE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 186 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 186 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 186 PARK LANE?

186 PARK LANE is located in WHITEFIELD, in the M45 postcode district. The below map shows the position of No. 186 on PARK LANE.