85, PARK LANE, PREESALL, POULTON-LE-FYLDE, FY6 0DZ - £290,000

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

85 PARK LANE is a large detached house of 165m², built sometime before 1900. It was last sold for £290,000 in June 2021, which was around 15% above the average June 2021 detached price in the Wyre local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was D.

85 PARK LANE Sold Prices

Land registry data shows two sales for 85 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 Wyre local authority area for the corresponding sale date. Both of the two 85 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
2021 18 JUN	£290,000	£251,463	15% above HPI
2002 20 SEP	£160,000	£125,874	27% above HPI

85 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two 85 PARK LANE sales from September 2002 and June 2021 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 September 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 85 PARK LANE?

85 PARK LANE is 165m² according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in Preesall, based on EPC data. The below chart shows the distribution of detached houses by size in Preesall, and where 85 PARK LANE lies on this distribution: 74% of detached houses are smaller than 85 PARK LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Preesall.

85 PARK LANE: Plot and Title Map

85 PARK LANE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 85 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 85 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 85 PARK LANE?

85 PARK LANE is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 85 on PARK LANE.