196, PARK LANE, MACCLESFIELD, SK11 6UD - £135,000

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

196 PARK LANE is a very small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £135,000 in June 2005, which was around 48% below the average June 2005 detached price in the Cheshire East local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.

196 PARK LANE Sold Prices

Land registry data shows three sales for 196 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 Cheshire East local authority area for the corresponding sale date. All of the three 196 PARK LANE sales 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
2005 23 JUN	£135,000	£261,935	48% below HPI
2003 23 JUL	£140,000	£212,904	34% below HPI
2000 13 JUL	£75,000	£128,580	42% below HPI

196 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The three 196 PARK LANE sales between July 2000 and June 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 July 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2005 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 196 PARK LANE?

196 PARK LANE is 89m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 196 PARK LANE lies on this distribution: 18% of detached houses are smaller than 196 PARK LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

196 PARK LANE: Plot and Title Map

196 PARK LANE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 196 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 196 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 196 PARK LANE?

196 PARK LANE is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 196 on PARK LANE.