284, PARK LANE, PREESALL, POULTON-LE-FYLDE, FY6 0LU - £245,000

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

284 PARK LANE is a midsized extended detached house of 136m², built sometime between 1930 and 1949. It was last sold for £245,000 in December 2020, which was around 3% above the average December 2020 detached price in the Wyre local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

284 PARK LANE Sold Prices

Land registry data shows five sales for 284 PARK LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. The five 284 PARK LANE sales were a mix of above the average price, roughly equal to the average price, and 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
2020 16 DEC	£245,000	£238,521	3% above HPI
2019 15 FEB	£165,000	£220,969	25% below HPI
2005 30 JUN	£210,000	£204,402	3% above HPI
1999 29 JAN	£88,500	£88,339	Close to HPI
1998 6 FEB	£80,000	£81,996	2% below HPI

284 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 five 284 PARK LANE sales between February 1998 and December 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 February 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 284 PARK LANE?

284 PARK LANE is 136m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 284 PARK LANE lies on this distribution: 55% of detached houses are smaller than 284 PARK LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Preesall.

284 PARK LANE: Plot and Title Map

284 PARK LANE sits on a plot of roughly 0.125 of an acre, or 508m². The below map shows the location of 284 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 284 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 284 PARK LANE?

284 PARK LANE is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 284 on PARK LANE.