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
7 LAMBOURNE CRESCENT is a midsized detached house of 126m², built sometime between 1991 and 1995. It was last sold for £345,000 in May 2018, which was around 34% above the average May 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 7 LAMBOURNE CRESCENT since 1st 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. All of the four 7 LAMBOURNE CRESCENT 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 14 MAY | £345,000 | £256,928 | 34% above HPI |
2016 30 AUG | £295,000 | £241,694 | 22% above HPI |
2012 23 MAR | £237,500 | £204,708 | 16% above HPI |
2001 11 MAY | £136,950 | £98,095 | 40% above HPI |
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 7 LAMBOURNE CRESCENT sales between May 2001 and May 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 August 2016 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2018 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.
7 LAMBOURNE CRESCENT is 126m² according to the EPC inspection conducted in June 2011. This puts it in the largest 50% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 7 LAMBOURNE CRESCENT lies on this distribution: 54% of detached houses are smaller than 7 LAMBOURNE CRESCENT, and 46% of houses are larger. Note that EPC data is not available for all properties in Lowdham.
7 LAMBOURNE CRESCENT sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 7 LAMBOURNE CRESCENT, 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 7 LAMBOURNE CRESCENT). 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.
7 LAMBOURNE CRESCENT is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 7 on LAMBOURNE CRESCENT.