2A, PARK LANE, BURN, SELBY, YO8 8LW - £391,000

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

2A PARK LANE is a midsized extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £391,000 in November 2023, which was around 2% below the average November 2023 detached price in the North Yorkshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

2A PARK LANE Sold Prices

Land registry data shows three sales for 2A 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 North Yorkshire local authority area for the corresponding sale date. All of the three 2A PARK LANE sales were for 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
2023 24 NOV	£391,000	£399,661	2% below HPI
2020 12 NOV	£325,000	£350,771	7% below HPI
2001 3 AUG	£127,000	£132,542	4% below HPI

2A PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The three 2A PARK LANE sales between August 2001 and November 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 November 2020 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2A PARK LANE?

2A PARK LANE is 132m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Burn, based on EPC data. The below chart shows the distribution of detached houses by size in Burn, and where 2A PARK LANE lies on this distribution: 58% of detached houses are smaller than 2A PARK LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Burn.

2A PARK LANE: Plot and Title Map

2A PARK LANE sits on a plot of roughly 0.111 of an acre, or 447m². The below map shows the location of 2A 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 2A 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 2A PARK LANE?

2A PARK LANE is located in BURN, in the YO8 postcode district. The below map shows the position of No. 2A on PARK LANE.