Arene Chapel Lane

    ARENE, CHAPEL LANE, OVERTON, MORECAMBE, LA3 3JA

    This detached freehold property on Chapel Lane last sold in February 2014 for £250,000. Based on price growth in the LA3 district since then, its estimated current value is £360,982 — placing it in the 61st percentile nationally and the 95th percentile within LA3. The property covers 138 m² (1,485 sq ft), giving an estimated value of £2,616 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,485 sq ft

    138 m²

    Last Sale Price

    £250,000

    Feb 2014

    Estimated Valuation

    £360,982

    Est. £/sq ft

    £243/sq ft

    £2,616/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,485 sq ft (138 m²)
    EPC dateNov 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Feb 2014

    £250,000

    Key Metrics

    Estimated valuation£360,982
    Value per sq ft / m²£243/sq ft (£2,616/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA3 district percentile95th percentile
    National percentile61st percentile

    District Context — LA3

    LA3 covers the Lancaster area in north-west England, positioned between Morecambe Bay and the Pennines. It is a mixed market combining coastal and rural character with a diverse housing stock serving both owner-occupiers and renters.

    Average Property Price - LA3

    £203,253

    13

    National percentile

    Average Net Household Income - LA3

    £30,814

    10

    National percentile

    10-Year Annualised Price Growth - LA3

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA3

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