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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2B LAMBLEY ROAD is a very small detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £320,673. It was last sold for £255,000 in January 2020, which was around 9% 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. two of the four 2B LAMBLEY ROAD sales were for below the average price, and four 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	£279,906	9% below HPI
2015 15 MAY	£265,000	£226,944	17% above HPI
2010 4 JUN	£240,000	£209,021	15% above HPI
1999 1 OCT	£89,950	£92,468	3% below 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2B LAMBLEY ROAD be worth now?

2B LAMBLEY ROAD might now be worth an estimated £320,673.

This is based on house price inflation of 25.8%, between January 2020 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.8% inflationary increase is applied to the most recent sale price for 2B LAMBLEY ROAD of £255,000 on 31st January 2020. For the value to have increased from £255,000 to £320,673 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2B LAMBLEY ROAD has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The January 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 2B LAMBLEY ROAD has not materially changed since January 2020.

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 houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowdham, and where 2B LAMBLEY ROAD lies on this distribution: 11% of detached houses 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.