28, CHAPEL VIEW, OVERTON, MORECAMBE, LA3 3EP - £100,000

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

28 CHAPEL VIEW is a very small detached house of 49m², built sometime between 1983 and 1990. It was last sold for £100,000 in September 2005, which was around 53% below the average September 2005 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

28 CHAPEL VIEW Sold Prices

Land registry data shows two sales for 28 CHAPEL VIEW 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. Both of the two 28 CHAPEL VIEW 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
2005 30 SEP	£100,000	£213,153	53% below HPI
2001 21 DEC	£40,000	£106,749	63% below HPI

28 CHAPEL VIEW 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 28 CHAPEL VIEW sales from December 2001 and September 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 December 2001 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the September 2005 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 28 CHAPEL VIEW?

28 CHAPEL VIEW is 49m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Overton, based on EPC data. The below chart shows the distribution of detached houses by size in Overton, and where 28 CHAPEL VIEW lies on this distribution: Less than 1% of detached houses are smaller than 28 CHAPEL VIEW, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Overton.

28 CHAPEL VIEW: Plot and Title Map

28 CHAPEL VIEW sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 28 CHAPEL VIEW, 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 28 CHAPEL VIEW). 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 28 CHAPEL VIEW?

28 CHAPEL VIEW is located in OVERTON, in the LA3 postcode district. The below map shows the position of No. 28 on CHAPEL VIEW.