2, PARK LANE, HALE, ALTRINCHAM, WA15 9JS - £1,400,000

2 PARK LANE is a very large extended detached house of 295m², built sometime between 1950 and 1966. It was last sold for £1,400,000 in April 2016, which was around 225% above the average April 2016 detached price in the Trafford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

2 PARK LANE Sold Prices

Land registry data shows three sales for 2 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 Trafford local authority area for the corresponding sale date. All of the three 2 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
2016 15 APR	£1,400,000	£430,138	225% above HPI
2011 14 SEP	£1,350,000	£337,020	301% above HPI
2005 4 MAR	£1,050,000	£301,919	248% above HPI

2 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The three 2 PARK LANE sales between March 2005 and April 2016 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 2011 sale was for 301% above the HPI. So the extrapolation line tracks at 301% above the HPI over time, until the April 2016 sale, where it falls to 225% above the HPI. The line then continues to track at 225% above the HPI.

How Large is 2 PARK LANE?

2 PARK LANE is 295m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses in Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Hale, and where 2 PARK LANE lies on this distribution: 81% of detached houses are smaller than 2 PARK LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Hale.

2 PARK LANE: Plot and Title Map

2 PARK LANE sits on a plot of roughly 0.448 of an acre, or 1,814m². The below map shows the location of 2 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 2 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 2 PARK LANE?

2 PARK LANE is located in HALE, in the WA15 postcode district. The below map shows the position of No. 2 on PARK LANE.