38, CHAPEL VIEW, OVERTON, MORECAMBE, LA3 3EP - £62,000

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.

38 CHAPEL VIEW is a very large flat of 57m², built sometime between 1976 and 1982, which could now be worth an estimated £70,761. It was last sold for £62,000 in November 2019, which was around 36% below the average November 2019 flat price in the Lancaster local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was D.

38 CHAPEL VIEW Sold Prices

Land registry data shows two sales for 38 CHAPEL VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Lancaster local authority area for the corresponding sale date. Both of the two 38 CHAPEL VIEW 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
2019 29 NOV	£62,000	£96,701	36% below HPI
2004 7 APR	£45,000	£75,691	41% below HPI

What might 38 CHAPEL VIEW be worth now?

38 CHAPEL VIEW might now be worth an estimated £70,761.

This is based on house price inflation of 14.1%, between November 2019 and May 2026, for flats, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.1% inflationary increase is applied to the most recent sale price for 38 CHAPEL VIEW of £62,000 on 29th November 2019. For the value to have increased from £62,000 to £70,761 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 38 CHAPEL VIEW has moved in line with the HPI for flats in the Lancaster local authority area.
• The November 2019 sale price of £62,000 represented a fair market value for the property.
• The size, condition, and specification of 38 CHAPEL VIEW has not materially changed since November 2019.

How Large is 38 CHAPEL VIEW?

38 CHAPEL VIEW is 57m² according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of flats in Overton, based on EPC data. More than 99% of flats are smaller than 38 CHAPEL VIEW, and less than 1% of flats are larger. Note that EPC data is not available for all properties in Overton.

Where is 38 CHAPEL VIEW?

38 CHAPEL VIEW is located in OVERTON, in the LA3 postcode district.