According to the public record, 42, Park Lane, Corsham is a mid-century freehold house with 1,090 ft2 of internal area and sits on a 1,067 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Lane, Corsham, SN13 is located within the SN13 postal district.
42, Park Lane, Corsham has a single entry in the Land Registry database from December 2009 and a single entry in the EPC database dated December 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 42 Park Lane Corsham as £464,624 and the rental value as £1,581 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 42 Park Lane Corsham has increased by £10,246 (2.2%) and its rental value has increased by £118 per month (7.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 42, Park Lane, Corsham is in very good condition we estimate a sale value of £487,855 and rental value of £1,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,100 and a rental value of £1,470 per month.
If you were able to purchase this property for the estimated value of £464,624, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,283 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 42, Park Lane, Corsham sits on a plot of 1067m2.
We have plot size data on 10 out of 16 other houses in the postcode and 42, Park Lane, Corsham sits on the largest plot.
According to HM Land Registry, 42, Park Lane, Corsham was last sold on 18 Dec 2009 for £247,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2009, the market for similar properties has risen 75.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Park Lane, Corsham within a radius of 740 metres over the last 2 years.
The most recent example is 34A, Park Lane, Corsham, SN13 9LG, a Freehold house which sold for £545,000 in Jul 2023.
Read more about house prices in SN13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Corsham, SN13 has a total of 48 addresses. According to our analysis of all the public data, 42, Park Lane, Corsham is the 22nd largest and the 17th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in SN13.
42, Park Lane, Corsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Dec 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 42, Park Lane, Corsham is Chippenham station which is 7.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Park Lane, Corsham, 40.8% of property is privately owned outright and 20.9% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 42, Park Lane, Corsham, 17.0% of residents are recorded as possessing school level qualifications and 34.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 42, Park Lane, Corsham, the average age was 43.7 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 42, Park Lane, Corsham, 0.5% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 42, Park Lane, Corsham, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.