15, CHAPEL LANE, OVERTON, MORECAMBE, LA3 3HU - £275,000

15 CHAPEL LANE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £275,000 in April 2021, which was around 6% below the average April 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2010, where the current energy rating was F, and the potential energy rating was E.

15 CHAPEL LANE Sold Prices

Land registry data shows two sales for 15 CHAPEL LANE 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. One of the two 15 CHAPEL LANE sales was for below the average price, whilst the other was 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
2021 16 APR	£275,000	£291,347	6% below HPI
2018 14 MAR	£267,000	£253,416	5% above HPI

15 CHAPEL LANE 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 15 CHAPEL LANE sales from March 2018 and April 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 March 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 15 CHAPEL LANE?

15 CHAPEL LANE is 71m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses in Overton, based on EPC data. The below chart shows the distribution of detached houses by size in Overton, and where 15 CHAPEL LANE lies on this distribution: 19% of detached houses are smaller than 15 CHAPEL LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Overton.

15 CHAPEL LANE: Plot and Title Map

15 CHAPEL LANE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 15 CHAPEL LANE, 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 15 CHAPEL LANE). 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 15 CHAPEL LANE?

15 CHAPEL LANE is located in OVERTON, in the LA3 postcode district. The below map shows the position of No. 15 on CHAPEL LANE.