24B, CHAPEL LANE, OVERTON, MORECAMBE, LA3 3HU - £210,000

24B CHAPEL LANE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £210,000 in February 2020, which was around 19% below the average February 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

24B CHAPEL LANE Sold Prices

Land registry data shows three sales for 24B CHAPEL 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 Lancaster local authority area for the corresponding sale date. All of the three 24B CHAPEL LANE sales were 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
2020 19 FEB	£210,000	£258,621	19% below HPI
2000 4 MAY	£84,000	£89,291	6% below HPI
1998 7 APR	£55,000	£83,616	34% below HPI

24B CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 24B CHAPEL LANE sales between April 1998 and February 2020 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 May 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 24B CHAPEL LANE?

24B CHAPEL LANE is 94m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Overton, based on EPC data. The below chart shows the distribution of detached houses by size in Overton, and where 24B CHAPEL LANE lies on this distribution: 29% of detached houses are smaller than 24B CHAPEL LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Overton.

24B CHAPEL LANE: Plot and Title Map

24B CHAPEL LANE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 24B CHAPEL 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 24B CHAPEL 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 24B CHAPEL LANE?

24B CHAPEL LANE is located in OVERTON, in the LA3 postcode district. The below map shows the position of No. 24B on CHAPEL LANE.