2, PARK LANE, GODMANCHESTER, HUNTINGDON, PE29 2AG - £192,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 PARK LANE is a very small semi-detached house of 88m², built sometime between 1930 and 1949. It was last sold for £192,000 in June 2012, which was around 27% below the average June 2012 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

2 PARK LANE Sold Prices

Land registry data shows four sales for 2 PARK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. All of the four 2 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
2012 28 JUN	£192,000	£263,502	27% below HPI
2003 14 NOV	£177,500	£221,601	20% below HPI
2002 1 JUL	£129,995	£175,340	26% below HPI
2002 30 JAN	£96,430	£161,165	40% below HPI

2 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The four 2 PARK LANE sales between January 2002 and June 2012 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 November 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2012 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 PARK LANE?

2 PARK LANE is 88m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Godmanchester, based on EPC data. The below chart shows the distribution of detached houses by size in Godmanchester, and where 2 PARK LANE lies on this distribution: 8% of detached houses are smaller than 2 PARK LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Godmanchester.

2 PARK LANE: Plot and Title Map

2 PARK LANE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 2 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 2 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 2 PARK LANE?

2 PARK LANE is located in GODMANCHESTER, in the PE29 postcode district. The below map shows the position of No. 2 on PARK LANE.