229, PARK LANE, PREESALL, POULTON-LE-FYLDE, FY6 0LT - £465,000

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

229 PARK LANE is a very large detached house of 232m², built sometime between 1930 and 1949. It was last sold for £465,000 in October 2021, which was around 76% above the average October 2021 detached price in the Wyre local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was B.

229 PARK LANE Sold Prices

Land registry data shows two sales for 229 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. One of the two 229 PARK LANE sales was for above the average price, whilst the other was 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
2021 29 OCT	£465,000	£264,238	76% above HPI
1997 3 OCT	£75,000	£86,484	13% below HPI

229 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 two 229 PARK LANE sales from October 1997 and October 2021 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 October 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2021 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is 229 PARK LANE?

229 PARK LANE is 232m² according to the EPC inspection conducted in December 2016. This puts it in the largest 20% of detached houses in Preesall, based on EPC data. The below chart shows the distribution of detached houses by size in Preesall, and where 229 PARK LANE lies on this distribution: 88% of detached houses are smaller than 229 PARK LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Preesall.

229 PARK LANE: Plot and Title Map

229 PARK LANE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 229 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 229 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 229 PARK LANE?

229 PARK LANE is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 229 on PARK LANE.