5, LAMBOURNE WAY, HECKINGTON, SLEAFORD, NG34 9TT - £265,000

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

5 LAMBOURNE WAY is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £265,000 in December 2020, which was around 2% below the average December 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

5 LAMBOURNE WAY Sold Prices

Land registry data shows three sales for 5 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. One of the three 5 LAMBOURNE WAY sales was for below the average price, whilst two 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 7 DEC	£265,000	£271,548	2% below HPI
1999 3 SEP	£79,950	£72,556	10% above HPI
1997 19 MAR	£76,000	£63,825	19% above HPI

5 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 5 LAMBOURNE WAY sales between March 1997 and December 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 September 1999 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5 LAMBOURNE WAY?

5 LAMBOURNE WAY is 116m² according to the EPC inspection conducted in June 2020. 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 5 LAMBOURNE WAY lies on this distribution: 59% of detached houses are smaller than 5 LAMBOURNE WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Heckington.

5 LAMBOURNE WAY: Plot and Title Map

5 LAMBOURNE WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 5 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 5 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 5 LAMBOURNE WAY?

5 LAMBOURNE WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 5 on LAMBOURNE WAY.