10, BAZIL LANE, OVERTON, MORECAMBE, LA3 3JB - £395,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 BAZIL LANE is a very large detached house of 155m², built sometime between 1967 and 1975. It was last sold for £395,000 in September 2023, which was around 11% above the average September 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

10 BAZIL LANE Sold Prices

Land registry data shows two sales for 10 BAZIL 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 Lancaster local authority area for the corresponding sale date. One of the two 10 BAZIL 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
2023 29 SEP	£395,000	£355,534	11% above HPI
2008 4 SEP	£190,000	£232,313	18% below HPI

10 BAZIL 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 two 10 BAZIL LANE sales from September 2008 and September 2023 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 September 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 10 BAZIL LANE?

10 BAZIL LANE is 155m² according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses in Overton, based on EPC data. The below chart shows the distribution of detached houses by size in Overton, and where 10 BAZIL LANE lies on this distribution: 82% of detached houses are smaller than 10 BAZIL LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Overton.

10 BAZIL LANE: Plot and Title Map

10 BAZIL LANE sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of 10 BAZIL 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 10 BAZIL 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 10 BAZIL LANE?

10 BAZIL LANE is located in OVERTON, in the LA3 postcode district. The below map shows the position of No. 10 on BAZIL LANE.