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

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

46 LANCASTER ROAD is a very small extended detached house of 65m², built sometime between 1930 and 1949. It was last sold for £145,000 in December 2018, which was around 43% 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	£253,440	43% below HPI
2015 7 AUG	£120,000	£238,377	50% below HPI
1999 14 MAY	£52,000	£83,788	38% 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 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2018 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

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 in Overton, based on EPC data. The below chart shows the distribution of detached houses by size in Overton, and where 46 LANCASTER ROAD lies on this distribution: 8% of detached 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.