196, PARK LANE, WHITEFIELD, MANCHESTER, M45 7QL - £415,000

196 PARK LANE is a midsized extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £415,000 in January 2017, which was around 61% above the average January 2017 detached price in the Bury local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

196 PARK LANE Sold Prices

Land registry data shows three sales for 196 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. One of the three 196 PARK LANE sales was for above the average price, whilst two 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
2017 26 JAN	£415,000	£257,451	61% above HPI
2015 24 NOV	£220,000	£242,501	9% below HPI
2006 19 DEC	£226,975	£229,885	1% below HPI

196 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 three 196 PARK LANE sales between December 2006 and January 2017 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 November 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2017 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 196 PARK LANE?

196 PARK LANE is 144m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 50% of detached houses in Whitefield, based on EPC data. The below chart shows the distribution of detached houses by size in Whitefield, and where 196 PARK LANE lies on this distribution: 57% of detached houses are smaller than 196 PARK LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Whitefield.

196 PARK LANE: Plot and Title Map

196 PARK LANE sits on a plot of roughly 0.575 of an acre, or 2,326m². The below map shows the location of 196 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 196 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 196 PARK LANE?

196 PARK LANE is located in WHITEFIELD, in the M45 postcode district. The below map shows the position of No. 196 on PARK LANE.