58, CHAPEL VIEW, OVERTON, MORECAMBE, LA3 3EP - £60,000

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.

58 CHAPEL VIEW is a midsized flat of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £70,996. It was last sold for £60,000 in July 2017, which was around 36% below the average July 2017 flat price in the Lancaster local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was A.

58 CHAPEL VIEW Sold Prices

Land registry data shows two sales for 58 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 58 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
2017 28 JUL	£60,000	£93,272	36% below HPI
2006 21 APR	£42,500	£93,441	55% below HPI

What might 58 CHAPEL VIEW be worth now?

58 CHAPEL VIEW might now be worth an estimated £70,996.

This is based on house price inflation of 18.3%, between July 2017 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 18.3% inflationary increase is applied to the most recent sale price for 58 CHAPEL VIEW of £60,000 on 28th July 2017. For the value to have increased from £60,000 to £70,996 over the nine years and two months to May 2026, the following assumptions must hold true:

• The value of 58 CHAPEL VIEW has moved in line with the HPI for flats in the Lancaster local authority area.
• The July 2017 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 58 CHAPEL VIEW has not materially changed since July 2017.

How Large is 58 CHAPEL VIEW?

58 CHAPEL VIEW is 40m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of flats in Overton, based on EPC data. 50% of flats are smaller than 58 CHAPEL VIEW, and 50% of flats are larger. Note that EPC data is not available for all properties in Overton.

58 CHAPEL VIEW: Plot

58 CHAPEL VIEW sits on a plot of roughly 0.051 of an acre, or 208m².

Where is 58 CHAPEL VIEW?

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