278, PARK LANE, PREESALL, POULTON-LE-FYLDE, FY6 0NW - £335,000

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

278 PARK LANE is a large extended detached house of 161m², built sometime between 1900 and 1929. It was last sold for £335,000 in October 2017, which was around 45% above the average October 2017 detached price in the Wyre local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

278 PARK LANE Sold Prices

Land registry data shows three sales for 278 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 278 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
2017 16 OCT	£335,000	£231,046	45% above HPI
2006 13 APR	£335,000	£208,808	60% above HPI
2000 4 FEB	£140,000	£93,205	50% above HPI

278 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 278 PARK LANE sales between February 2000 and October 2017 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 2006 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2017 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 278 PARK LANE?

278 PARK LANE is 161m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 278 PARK LANE lies on this distribution: 71% of detached houses are smaller than 278 PARK LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Preesall.

278 PARK LANE: Plot and Title Map

278 PARK LANE sits on a plot of roughly 0.367 of an acre, or 1,486m². The below map shows the location of 278 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 278 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 278 PARK LANE?

278 PARK LANE is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 278 on PARK LANE.