243, PARK LANE, PREESALL, POULTON-LE-FYLDE, FY6 0LT - £750,000

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

243 PARK LANE is a large extended detached house of 186m², built sometime between 1930 and 1949. It was last sold for £750,000 in May 2020, which was around 241% above the average May 2020 detached price in the Wyre local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

243 PARK LANE Sold Prices

Land registry data shows two sales for 243 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. Both of the two 243 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
2020 7 MAY	£750,000	£219,758	241% above HPI
2019 14 NOV	£325,000	£226,554	43% above HPI

243 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 243 PARK LANE sales from November 2019 and May 2020 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 2019 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2020 sale, where it rises to 241% above the HPI. The line then continues to track at 241% above the HPI.

How Large is 243 PARK LANE?

243 PARK LANE is 186m², which includes one extension, according to the EPC inspection conducted in July 2018. 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 243 PARK LANE lies on this distribution: 80% of detached houses are smaller than 243 PARK LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Preesall.

243 PARK LANE: Plot and Title Map

243 PARK LANE sits on a plot of roughly 0.411 of an acre, or 1,665m². The below map shows the location of 243 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 243 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 243 PARK LANE?

243 PARK LANE is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 243 on PARK LANE.