2, MAIN CLOSE, OVERTON, MORECAMBE, LA3 3JP - £73,000

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.

2 MAIN CLOSE is a semi-detached house, which could now be worth an estimated £194,984. It was last sold for £73,000 in May 2003, which was around 14% below the average May 2003 semi-detached price in the Lancaster local authority area.

2 MAIN CLOSE Sold Prices

Land registry data shows two sales for 2 MAIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 2 MAIN CLOSE 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
2003 16 MAY	£73,000	£84,506	14% below HPI
1995 21 FEB	£31,000	£47,328	34% below HPI

What might 2 MAIN CLOSE be worth now?

2 MAIN CLOSE might now be worth an estimated £194,984.

This is based on house price inflation of 167.1%, between May 2003 and July 2026, for semi-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 167.1% inflationary increase is applied to the most recent sale price for 2 MAIN CLOSE of £73,000 on 16th May 2003. For the value to have increased from £73,000 to £194,984 over the 22 years and ten months to July 2026, the following assumptions must hold true:

• The value of 2 MAIN CLOSE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The May 2003 sale price of £73,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAIN CLOSE has not materially changed since May 2003.

Where is 2 MAIN CLOSE?

2 MAIN CLOSE is located in OVERTON, in the LA3 postcode district.