47, CHAPEL VIEW, OVERTON, MORECAMBE, LA3 3EP - £72,000

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.

47 CHAPEL VIEW is a very small semi-detached house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £97,834. It was last sold for £72,000 in May 2019, which was around 55% below the average May 2019 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

47 CHAPEL VIEW Sold Prices

Land registry data shows one sale for 47 CHAPEL VIEW since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 23 MAY	£72,000	£158,328	55% below HPI

What might 47 CHAPEL VIEW be worth now?

47 CHAPEL VIEW might now be worth an estimated £97,834.

This is based on house price inflation of 35.9%, between May 2019 and May 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 35.9% inflationary increase is applied to the most recent sale price for 47 CHAPEL VIEW of £72,000 on 23rd May 2019. For the value to have increased from £72,000 to £97,834 over the seven years to May 2026, the following assumptions must hold true:

• The value of 47 CHAPEL VIEW has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The May 2019 sale price of £72,000 represented a fair market value for the property.
• The size, condition, and specification of 47 CHAPEL VIEW has not materially changed since May 2019.

How Large is 47 CHAPEL VIEW?

47 CHAPEL VIEW is 53m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of semi-detached houses in Overton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Overton, and where 47 CHAPEL VIEW lies on this distribution: 7% of semi-detached houses are smaller than 47 CHAPEL VIEW, and 88% of semi-detached houses are larger. Note that EPC data is not available for all properties in Overton.

47 CHAPEL VIEW: Plot

47 CHAPEL VIEW sits on a plot of roughly 0.055 of an acre, or 222m².

Where is 47 CHAPEL VIEW?

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