62, LAMBLEY LANE, GEDLING, NOTTINGHAM, NG4 4PA - £300,000

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.

62 LAMBLEY LANE is a midsized detached house of 101m², built sometime between 1930 and 1949, which could now be worth an estimated £418,098. It was last sold for £300,000 in December 2018, which was around 12% above the average December 2018 detached price in the Gedling local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was E.

62 LAMBLEY LANE Sold Prices

Land registry data shows four sales for 62 LAMBLEY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Most of the four 62 LAMBLEY LANE 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
2018 17 DEC	£300,000	£268,307	12% above HPI
2016 14 NOV	£260,000	£239,400	9% above HPI
2006 25 AUG	£220,000	£201,400	9% above HPI
2004 9 JUL	£170,000	£191,464	11% below HPI

62 LAMBLEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The four 62 LAMBLEY LANE sales between July 2004 and December 2018 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 November 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 62 LAMBLEY LANE be worth now?

62 LAMBLEY LANE might now be worth an estimated £418,098.

This is based on house price inflation of 39.4%, between December 2018 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.4% inflationary increase is applied to the most recent sale price for 62 LAMBLEY LANE of £300,000 on 17th December 2018. For the value to have increased from £300,000 to £418,098 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 62 LAMBLEY LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The December 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 62 LAMBLEY LANE has not materially changed since December 2018.

How Large is 62 LAMBLEY LANE?

62 LAMBLEY LANE is 101m² according to the EPC inspection conducted in October 2009. This puts it in the largest 50% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 62 LAMBLEY LANE lies on this distribution: 52% of detached houses houses are smaller than 62 LAMBLEY LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Carlton.

62 LAMBLEY LANE: Plot and Title Map

62 LAMBLEY LANE sits on a plot of roughly 0.210 of an acre, or 848m². The below map shows the location of 62 LAMBLEY LANE, 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 62 LAMBLEY LANE). 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 62 LAMBLEY LANE?

62 LAMBLEY LANE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 62 on LAMBLEY LANE.