48, PARK LANE, SANDBACH, CW11 1EW - £372,000

48 PARK LANE is a very large extended detached house of 217m², built sometime between 1983 and 1990. It was last sold for £372,000 in May 2005, which was around 44% above the average May 2005 detached price in the Cheshire East local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was B.

48 PARK LANE Sold Prices

Land registry data shows two sales for 48 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 Cheshire East local authority area for the corresponding sale date. One of the two 48 PARK LANE sales was for above the average price, whilst the other was 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
2005 18 MAY	£372,000	£257,945	44% above HPI
1998 17 JUL	£87,000	£113,787	24% below HPI

48 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two 48 PARK LANE sales from July 1998 and May 2005 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 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2005 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 48 PARK LANE?

48 PARK LANE is 217m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Sandbach, based on EPC data. The below chart shows the distribution of detached houses by size in Sandbach, and where 48 PARK LANE lies on this distribution: 97% of detached houses are smaller than 48 PARK LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Sandbach.

48 PARK LANE: Plot and Title Map

48 PARK LANE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 48 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 48 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 48 PARK LANE?

48 PARK LANE is located in SANDBACH, in the CW11 postcode district. The below map shows the position of No. 48 on PARK LANE.