41, PARK LANE, CORSHAM, SN13 9EL - £352,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 PARK LANE is a small detached house of 111m², built sometime between 2003 and 2006, which could now be worth an estimated £400,055. It was last sold for £352,000 in December 2020, which was around 23% below the average December 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

41 PARK LANE Sold Prices

Land registry data shows two sales for 41 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 Wiltshire local authority area for the corresponding sale date. Both of the two 41 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
2020 18 DEC	£352,000	£457,342	23% below HPI
2005 20 JAN	£261,250	£297,016	12% below HPI

41 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 41 PARK LANE sales from January 2005 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 January 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 41 PARK LANE be worth now?

41 PARK LANE might now be worth an estimated £400,055.

This is based on house price inflation of 13.7%, between December 2020 and February 2025, for detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 41 PARK LANE of £352,000 on 18th December 2020. For the value to have increased from £352,000 to £400,055 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 41 PARK LANE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The December 2020 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of 41 PARK LANE has not materially changed since December 2020.

How Large is 41 PARK LANE?

41 PARK LANE is 111m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses houses in Corsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corsham, and where 41 PARK LANE lies on this distribution: 39% of detached houses houses are smaller than 41 PARK LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Corsham.

41 PARK LANE: Plot and Title Map

41 PARK LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 41 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 41 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 41 PARK LANE?

41 PARK LANE is located in CORSHAM, in the SN13 postcode district. The below map shows the position of No. 41 on PARK LANE.