41, LAMBOURNE DRIVE, NOTTINGHAM, NG8 1GR - £349,500

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

41 LAMBOURNE DRIVE is a small detached house of 92m², built sometime between 1976 and 1982. It was last sold for £349,500 in September 2020, which was around 32% above the average September 2020 detached price in the City of Nottingham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

41 LAMBOURNE DRIVE Sold Prices

Land registry data shows two sales for 41 LAMBOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 41 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
2020 18 SEP	£349,500	£265,601	32% above HPI
2014 7 MAR	£250,000	£136,906	83% above HPI

41 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 two 41 LAMBOURNE DRIVE sales from March 2014 and September 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 March 2014 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the September 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 41 LAMBOURNE DRIVE?

41 LAMBOURNE DRIVE is 92m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 41 LAMBOURNE DRIVE lies on this distribution: 36% of detached houses are smaller than 41 LAMBOURNE DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

41 LAMBOURNE DRIVE: Plot and Title Map

41 LAMBOURNE DRIVE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 41 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 41 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 41 LAMBOURNE DRIVE?

41 LAMBOURNE DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 41 on LAMBOURNE DRIVE.