1A, PARK LANE, WESHAM, PRESTON, PR4 3HG - £335,000

1A PARK LANE is a very large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £335,000 in June 2023, which was around 12% below the average June 2023 detached price in the Fylde local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

1A PARK LANE Sold Prices

Land registry data shows two sales for 1A 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 Fylde local authority area for the corresponding sale date. One of the two 1A PARK LANE sales was for below the average price, whilst the other was 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
2023 1 JUN	£335,000	£381,944	12% below HPI
2000 11 MAY	£121,000	£114,412	6% above HPI

1A PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two 1A PARK LANE sales from May 2000 and June 2023 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 May 2000 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1A PARK LANE?

1A PARK LANE is 147m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Wesham, based on EPC data. The below chart shows the distribution of detached houses by size in Wesham, and where 1A PARK LANE lies on this distribution: 85% of detached houses are smaller than 1A PARK LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Wesham.

1A PARK LANE: Plot and Title Map

1A PARK LANE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 1A 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 1A 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 1A PARK LANE?

1A PARK LANE is located in WESHAM, in the PR4 postcode district. The below map shows the position of No. 1A on PARK LANE.