218, PARK LANE, PREESALL, POULTON-LE-FYLDE, FY6 0NW - £302,000

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

218 PARK LANE is a large detached house of 161m², built sometime before 1900. It was last sold for £302,000 in February 2007, which was around 35% above the average February 2007 detached price in the Wyre local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

218 PARK LANE Sold Prices

Land registry data shows three sales for 218 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 Wyre local authority area for the corresponding sale date. All of the three 218 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
2007 19 FEB	£302,000	£224,236	35% above HPI
2001 27 APR	£130,000	£96,379	35% above HPI
1996 5 DEC	£93,500	£80,244	17% above HPI

218 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The three 218 PARK LANE sales between December 1996 and February 2007 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 2001 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2007 sale, which was also at 35% above the HPI.

How Large is 218 PARK LANE?

218 PARK LANE is 161m² according to the EPC inspection conducted in June 2017. This puts it in the largest 30% of detached houses in Preesall, based on EPC data. The below chart shows the distribution of detached houses by size in Preesall, and where 218 PARK LANE lies on this distribution: 71% of detached houses are smaller than 218 PARK LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Preesall.

218 PARK LANE: Plot and Title Map

218 PARK LANE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 218 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 218 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 218 PARK LANE?

218 PARK LANE is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 218 on PARK LANE.