235, PARK LANE, PREESALL, POULTON-LE-FYLDE, FY6 0LT - £240,000

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

235 PARK LANE is a midsized extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £240,000 in May 2023, which was around 14% below the average May 2023 detached price in the Wyre local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

235 PARK LANE Sold Prices

Land registry data shows two sales for 235 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 235 PARK LANE sales was for below the average price, whilst the other was 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
2023 5 MAY	£240,000	£280,687	14% below HPI
2000 6 OCT	£134,000	£97,695	37% above HPI

235 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 235 PARK LANE sales from October 2000 and May 2023 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 2000 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 235 PARK LANE?

235 PARK LANE is 118m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Preesall, based on EPC data. The below chart shows the distribution of detached houses by size in Preesall, and where 235 PARK LANE lies on this distribution: 45% of detached houses are smaller than 235 PARK LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Preesall.

235 PARK LANE: Plot and Title Map

235 PARK LANE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 235 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 235 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 235 PARK LANE?

235 PARK LANE is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 235 on PARK LANE.