271, PARK LANE, PREESALL, POULTON-LE-FYLDE, FY6 0LT - £285,000

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

271 PARK LANE is a midsized extended detached house of 137m², built sometime before 1900. It was last sold for £285,000 in December 2005, which was around 39% above the average December 2005 detached price in the Wyre local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

271 PARK LANE Sold Prices

Land registry data shows three sales for 271 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 271 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
2005 7 DEC	£285,000	£205,687	39% above HPI
2002 24 MAY	£145,000	£113,257	28% above HPI
1998 18 DEC	£124,000	£88,712	40% above HPI

271 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 271 PARK LANE sales between December 1998 and December 2005 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 May 2002 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2005 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 271 PARK LANE?

271 PARK LANE is 137m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 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 271 PARK LANE lies on this distribution: 57% of detached houses are smaller than 271 PARK LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Preesall.

271 PARK LANE: Plot and Title Map

271 PARK LANE sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of 271 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 271 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 271 PARK LANE?

271 PARK LANE is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 271 on PARK LANE.