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
4 PARK LANE is a small detached house of 106m², built sometime between 1991 and 1995. It was last sold for £355,000 in October 2022, which was around 13% below the average October 2022 detached price in the North Yorkshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 4 PARK LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. Most of the four 4 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 |
---|---|---|---|
2022 28 OCT | £355,000 | £406,308 | 13% below HPI |
2002 17 DEC | £169,950 | £178,413 | 5% below HPI |
2000 29 SEP | £112,000 | £122,754 | 9% below HPI |
1995 28 JUL | £95,000 | £88,041 | 8% above HPI |
The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The four 4 PARK LANE sales between July 1995 and October 2022 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 December 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
4 PARK LANE is 106m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Burn, based on EPC data. The below chart shows the distribution of detached houses by size in Burn, and where 4 PARK LANE lies on this distribution: 32% of detached houses are smaller than 4 PARK LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Burn.
4 PARK LANE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 4 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 4 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.
4 PARK LANE is located in BURN, in the YO8 postcode district. The below map shows the position of No. 4 on PARK LANE.