3, PARK LANE, TUTBURY, BURTON-ON-TRENT, DE13 9JQ - £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

3 PARK LANE is a large extended detached house of 120m², built sometime between 1900 and 1929. It was last sold for £245,000 in May 2006, which was around 12% above the average May 2006 detached price in the East Staffordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

3 PARK LANE Sold Prices

Land registry data shows two sales for 3 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 East Staffordshire local authority area for the corresponding sale date. Both of the two 3 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
2006 19 MAY	£245,000	£218,880	12% above HPI
2002 17 MAY	£147,500	£123,155	20% above HPI

3 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The two 3 PARK LANE sales from May 2002 and May 2006 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 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2006 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 3 PARK LANE?

3 PARK LANE is 120m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Tutbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tutbury, and where 3 PARK LANE lies on this distribution: 61% of detached houses are smaller than 3 PARK LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Tutbury.

3 PARK LANE: Plot and Title Map

3 PARK LANE sits on a plot of roughly 0.228 of an acre, or 921m². The below map shows the location of 3 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 3 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 3 PARK LANE?

3 PARK LANE is located in TUTBURY, in the DE13 postcode district. The below map shows the position of No. 3 on PARK LANE.