314, PARK LANE, PREESALL, POULTON-LE-FYLDE, FY6 0LU - £335,000

314 PARK LANE is a midsized detached house of 115m², built sometime between 1930 and 1949. It was last sold for £335,000 in October 2015, which was around 59% above the average October 2015 detached price in the Wyre local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was A.

314 PARK LANE Sold Prices

Land registry data shows two sales for 314 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 314 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 23 OCT	£335,000	£211,043	59% above HPI
1996 8 JUL	£100,000	£78,952	27% above HPI

314 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 314 PARK LANE sales from July 1996 and October 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 July 1996 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2015 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 314 PARK LANE?

314 PARK LANE is 115m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses in Preesall, based on EPC data. The below chart shows the distribution of detached houses by size in Preesall, and where 314 PARK LANE lies on this distribution: 43% of detached houses are smaller than 314 PARK LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Preesall.

314 PARK LANE: Plot and Title Map

314 PARK LANE sits on a plot of roughly 1.2 acres, or 4,964m². The below map shows the location of 314 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 314 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 314 PARK LANE?

314 PARK LANE is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 314 on PARK LANE.