62, PARK LANE, SANDBACH, CW11 1EP - £407,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

62 PARK LANE is a small extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £407,500 in May 2013, which was around 44% above the average May 2013 detached price in the Cheshire East local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

62 PARK LANE Sold Prices

Land registry data shows two sales for 62 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 Cheshire East local authority area for the corresponding sale date. Both of the two 62 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
2013 31 MAY	£407,500	£283,842	44% above HPI
2009 18 DEC	£320,000	£278,527	15% above HPI

62 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two 62 PARK LANE sales from December 2009 and May 2013 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 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2013 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 62 PARK LANE?

62 PARK LANE is 112m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses in Sandbach, based on EPC data. The below chart shows the distribution of detached houses by size in Sandbach, and where 62 PARK LANE lies on this distribution: 40% of detached houses are smaller than 62 PARK LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Sandbach.

62 PARK LANE: Plot and Title Map

62 PARK LANE sits on a plot of roughly 0.189 of an acre, or 765m². The below map shows the location of 62 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 62 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 62 PARK LANE?

62 PARK LANE is located in SANDBACH, in the CW11 postcode district. The below map shows the position of No. 62 on PARK LANE.