2B, LAMBLEY ROAD, LOWDHAM, NOTTINGHAM, NG14 7AY - £255,000

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

2B LAMBLEY ROAD is a very small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £255,000 in January 2020, which was around 5% below the average January 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

2B LAMBLEY ROAD Sold Prices

Land registry data shows four sales for 2B LAMBLEY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the four 2B LAMBLEY ROAD 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
2020 31 JAN	£255,000	£268,877	5% below HPI
2015 15 MAY	£265,000	£218,002	22% above HPI
2010 4 JUN	£240,000	£200,785	20% above HPI
1999 1 OCT	£89,950	£88,824	1% above HPI

2B LAMBLEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The four 2B LAMBLEY ROAD sales between October 1999 and January 2020 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 May 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2B LAMBLEY ROAD?

2B LAMBLEY ROAD is 89m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 2B LAMBLEY ROAD lies on this distribution: 11% of detached houses are smaller than 2B LAMBLEY ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

2B LAMBLEY ROAD: Plot and Title Map

2B LAMBLEY ROAD sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 2B LAMBLEY ROAD, 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 2B LAMBLEY ROAD). 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 2B LAMBLEY ROAD?

2B LAMBLEY ROAD is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 2B on LAMBLEY ROAD.