3, LAMBOURNE WAY, HECKINGTON, SLEAFORD, NG34 9TT - £178,000

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

3 LAMBOURNE WAY is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £178,000 in April 2005, which was around 1% above the average April 2005 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

3 LAMBOURNE WAY Sold Prices

Land registry data shows three sales for 3 LAMBOURNE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three 3 LAMBOURNE WAY sales were for above the average price, whilst one was 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
2005 29 APR	£178,000	£176,574	1% above HPI
2001 29 MAR	£96,950	£81,593	19% above HPI
1996 13 DEC	£54,995	£63,671	14% below HPI

3 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 three 3 LAMBOURNE WAY sales between December 1996 and April 2005 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 March 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2005 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 LAMBOURNE WAY?

3 LAMBOURNE WAY is 115m² according to the EPC inspection conducted in July 2010. This puts it in the largest 50% of detached houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses by size in Heckington, and where 3 LAMBOURNE WAY lies on this distribution: 58% of detached houses are smaller than 3 LAMBOURNE WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Heckington.

3 LAMBOURNE WAY: Plot and Title Map

3 LAMBOURNE WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 3 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 3 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 3 LAMBOURNE WAY?

3 LAMBOURNE WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 3 on LAMBOURNE WAY.