FLAT 1, 222, PARK LANE, PREESALL, POULTON-LE-FYLDE, FY6 0NW - £295,000

FLAT 1 222 PARK LANE is a very small detached house of 42m², built sometime between 1900 and 1929. It was last sold for £295,000 in April 2006, which was around 41% above the average April 2006 detached price in the Wyre local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

FLAT 1 222 PARK LANE Sold Prices

Land registry data shows two sales for FLAT 1 222 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 FLAT 1 222 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
2006 6 APR	£295,000	£208,808	41% above HPI
1995 17 MAR	£105,000	£80,361	31% above HPI

FLAT 1 222 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 FLAT 1 222 PARK LANE sales from March 1995 and April 2006 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 March 1995 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the April 2006 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is FLAT 1 222 PARK LANE?

FLAT 1 222 PARK LANE is 42m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Preesall, based on EPC data. The below chart shows the distribution of detached houses by size in Preesall, and where FLAT 1 222 PARK LANE lies on this distribution: Less than 1% of detached houses are smaller than FLAT 1 222 PARK LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Preesall.

FLAT 1 222 PARK LANE: Plot and Title Map

FLAT 1 222 PARK LANE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of FLAT 1 222 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 FLAT 1 222 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 FLAT 1 222 PARK LANE?

FLAT 1, 222 PARK LANE is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 222 on PARK LANE.