54, LANCASTER ROAD, OVERTON, MORECAMBE, LA3 3EZ - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

54 LANCASTER ROAD is a very large extended detached house of 198m², built sometime between 1950 and 1966. It was last sold for £385,000 in August 2014, which was around 66% above the average August 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

54 LANCASTER ROAD Sold Prices

Land registry data shows two sales for 54 LANCASTER ROAD 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 54 LANCASTER ROAD sales were for above 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
2014 8 AUG	£385,000	£232,596	66% above HPI
2001 30 NOV	£168,000	£107,627	56% above HPI

54 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 two 54 LANCASTER ROAD sales from November 2001 and August 2014 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 November 2001 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2014 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 54 LANCASTER ROAD?

54 LANCASTER ROAD is 198m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the largest 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 54 LANCASTER ROAD lies on this distribution: 93% of detached houses are smaller than 54 LANCASTER ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Overton.

54 LANCASTER ROAD: Plot and Title Map

54 LANCASTER ROAD sits on a plot of roughly 0.302 of an acre, or 1,224m². The below map shows the location of 54 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 54 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 54 LANCASTER ROAD?

54 LANCASTER ROAD is located in OVERTON, in the LA3 postcode district. The below map shows the position of No. 54 on LANCASTER ROAD.