46, LANCASTER ROAD, OVERTON, MORECAMBE, LA3 3EZ - £145,000

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.

46 LANCASTER ROAD is a very small extended detached house of 65m², built sometime between 1930 and 1949, which could now be worth an estimated £197,011. It was last sold for £145,000 in December 2018, which was around 41% below the average December 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

46 LANCASTER ROAD Sold Prices

Land registry data shows three sales for 46 LANCASTER ROAD 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 46 LANCASTER ROAD 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
2018 18 DEC	£145,000	£245,843	41% below HPI
2015 7 AUG	£120,000	£231,231	48% below HPI
1999 14 MAY	£52,000	£81,276	36% below HPI

46 LANCASTER ROAD 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 46 LANCASTER ROAD sales between May 1999 and December 2018 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 August 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2018 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 46 LANCASTER ROAD be worth now?

46 LANCASTER ROAD might now be worth an estimated £197,011.

This is based on house price inflation of 35.9%, between December 2018 and February 2025, for detached 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 35.9% inflationary increase is applied to the most recent sale price for 46 LANCASTER ROAD of £145,000 on 18th December 2018. For the value to have increased from £145,000 to £197,011 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 46 LANCASTER ROAD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2018 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 46 LANCASTER ROAD has not materially changed since December 2018.

How Large is 46 LANCASTER ROAD?

46 LANCASTER ROAD is 65m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses houses in Overton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Overton, and where 46 LANCASTER ROAD lies on this distribution: 8% of detached houses houses are smaller than 46 LANCASTER ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Overton.

46 LANCASTER ROAD: Plot and Title Map

46 LANCASTER ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 46 LANCASTER ROAD, 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 46 LANCASTER ROAD). 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 46 LANCASTER ROAD?

46 LANCASTER ROAD is located in OVERTON, in the LA3 postcode district. The below map shows the position of No. 46 on LANCASTER ROAD.