12, LAMBOURNE WAY, HECKINGTON, SLEAFORD, NG34 9TT - £388,000

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 WAY is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £388,000 in October 2022, which was around 20% above the average October 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

12 LAMBOURNE WAY Sold Prices

Land registry data shows five sales for 12 LAMBOURNE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 12 LAMBOURNE WAY sales were for above 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
2022 7 OCT	£388,000	£322,721	20% above HPI
2018 25 SEP	£297,000	£253,027	17% above HPI
2011 14 JUL	£217,500	£181,357	20% above HPI
2006 8 DEC	£215,000	£188,412	14% above HPI
1999 4 JUN	£89,000	£70,048	27% above HPI

12 LAMBOURNE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 12 LAMBOURNE WAY sales between June 1999 and October 2022 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 September 2018 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 12 LAMBOURNE WAY?

12 LAMBOURNE WAY is 120m² according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses by size in Heckington, and where 12 LAMBOURNE WAY lies on this distribution: 63% of detached houses are smaller than 12 LAMBOURNE WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Heckington.

12 LAMBOURNE WAY: Plot and Title Map

12 LAMBOURNE WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 12 LAMBOURNE WAY, 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 WAY). 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 WAY?

12 LAMBOURNE WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 12 on LAMBOURNE WAY.