45, MAIN STREET, OVERTON, MORECAMBE, LA3 3HF - £125,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

45 MAIN STREET is a small terraced house of 80m², built sometime before 1900, which could now be worth an estimated £145,051. It was last sold for £125,000 in June 2021, which was around 15% below the average June 2021 terraced price in the Lancaster local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

45 MAIN STREET Sold Prices

Land registry data shows two sales for 45 MAIN STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. Both of the two 45 MAIN STREET 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
2021 28 JUN	£125,000	£147,571	15% below HPI
1996 4 APR	£22,000	£34,070	35% below HPI

45 MAIN STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lancaster local authority area over time, sourced from the HPI. The two 45 MAIN STREET sales from April 1996 and June 2021 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 April 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 45 MAIN STREET be worth now?

45 MAIN STREET might now be worth an estimated £145,051.

This is based on house price inflation of 16%, between June 2021 and July 2025, for terraced houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16% inflationary increase is applied to the most recent sale price for 45 MAIN STREET of £125,000 on 28th June 2021. For the value to have increased from £125,000 to £145,051 over the three years and eleven months to July 2025, the following assumptions must hold true:

• The value of 45 MAIN STREET has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The June 2021 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 45 MAIN STREET has not materially changed since June 2021.

How Large is 45 MAIN STREET?

45 MAIN STREET is 80m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of terraced houses houses in Overton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Overton, and where 45 MAIN STREET lies on this distribution: 22% of terraced houses houses are smaller than 45 MAIN STREET, and 78% of houses are larger. Note that EPC data is not available for all properties in Overton.

45 MAIN STREET: Plot and Title Map

45 MAIN STREET sits on a plot of roughly 0.015 of an acre, or 61m². The below map shows the location of 45 MAIN STREET, 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 45 MAIN STREET). 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 45 MAIN STREET?

45 MAIN STREET is located in OVERTON, in the LA3 postcode district. The below map shows the position of No. 45 on MAIN STREET.