27, LAMBOURNE DRIVE, NOTTINGHAM, NG8 1GR - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

27 LAMBOURNE DRIVE is a very small detached house of 65m², built sometime between 1991 and 1995. It was last sold for £275,000 in November 2023, which was around 16% below the average November 2023 detached price in the City of Nottingham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

27 LAMBOURNE DRIVE Sold Prices

Land registry data shows six sales for 27 LAMBOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Most of the six 27 LAMBOURNE DRIVE 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
2023 8 NOV	£275,000	£326,191	16% below HPI
2019 11 OCT	£215,000	£247,679	13% below HPI
2004 25 MAY	£153,000	£131,172	17% above HPI
2002 26 APR	£104,950	£88,604	18% above HPI
1998 7 DEC	£69,950	£58,051	20% above HPI
1998 1 MAY	£60,000	£56,217	7% above HPI

27 LAMBOURNE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The six 27 LAMBOURNE DRIVE sales between May 1998 and November 2023 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 October 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 27 LAMBOURNE DRIVE?

27 LAMBOURNE DRIVE is 65m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 27 LAMBOURNE DRIVE lies on this distribution: 7% of detached houses are smaller than 27 LAMBOURNE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

27 LAMBOURNE DRIVE: Plot and Title Map

27 LAMBOURNE DRIVE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 27 LAMBOURNE DRIVE, 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 27 LAMBOURNE DRIVE). 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 27 LAMBOURNE DRIVE?

27 LAMBOURNE DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 27 on LAMBOURNE DRIVE.