12, LAMBOURNE GARDENS, WOODTHORPE, NOTTINGHAM, NG5 4PA - £197,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 LAMBOURNE GARDENS is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £197,000 in February 2024, which was around 45% below the average February 2024 detached price in the Gedling local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

12 LAMBOURNE GARDENS Sold Prices

Land registry data shows two sales for 12 LAMBOURNE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 12 LAMBOURNE GARDENS 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
2024 16 FEB	£197,000	£359,143	45% below HPI
2002 23 AUG	£123,950	£141,343	12% below HPI

12 LAMBOURNE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 12 LAMBOURNE GARDENS sales from August 2002 and February 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2024 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 12 LAMBOURNE GARDENS?

12 LAMBOURNE GARDENS is 60m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 12 LAMBOURNE GARDENS lies on this distribution: 3% of detached houses are smaller than 12 LAMBOURNE GARDENS, and 97% of houses are larger. Note that EPC data is not available for all properties in Arnold.

12 LAMBOURNE GARDENS: Plot and Title Map

12 LAMBOURNE GARDENS sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 12 LAMBOURNE GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 LAMBOURNE GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 LAMBOURNE GARDENS?

12 LAMBOURNE GARDENS is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 12 on LAMBOURNE GARDENS.