72, PARK LANE, WHITEFIELD, MANCHESTER, M45 7PL - £395,000

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

72 PARK LANE is a large extended detached house of 182m², built sometime between 1930 and 1949. It was last sold for £395,000 in December 2015, which was around 64% above the average December 2015 detached price in the Bury local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was E.

72 PARK LANE Sold Prices

Land registry data shows four sales for 72 PARK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the four 72 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
2015 16 DEC	£395,000	£241,426	64% above HPI
2011 30 MAR	£390,000	£215,137	81% above HPI
2008 29 FEB	£372,500	£243,677	53% above HPI
2003 18 NOV	£280,000	£169,502	65% above HPI

72 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The four 72 PARK LANE sales between November 2003 and December 2015 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 March 2011 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the December 2015 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 72 PARK LANE?

72 PARK LANE is 182m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 30% of detached houses in Whitefield, based on EPC data. The below chart shows the distribution of detached houses by size in Whitefield, and where 72 PARK LANE lies on this distribution: 75% of detached houses are smaller than 72 PARK LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Whitefield.

72 PARK LANE: Plot and Title Map

72 PARK LANE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 72 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 72 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 72 PARK LANE?

72 PARK LANE is located in WHITEFIELD, in the M45 postcode district. The below map shows the position of No. 72 on PARK LANE.