8, LAMBOURNE DRIVE, BEWDLEY, DY12 2NZ - £225,000

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

8 LAMBOURNE DRIVE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £225,000 in July 2017, which was around 18% below the average July 2017 detached price in the Wyre Forest local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

8 LAMBOURNE DRIVE Sold Prices

Land registry data shows two sales for 8 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 Wyre Forest local authority area for the corresponding sale date. Both of the two 8 LAMBOURNE DRIVE sales were 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
2017 11 JUL	£225,000	£276,021	18% below HPI
2006 7 SEP	£159,950	£240,102	33% below HPI

8 LAMBOURNE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre Forest local authority area over time, sourced from the HPI. The two 8 LAMBOURNE DRIVE sales from September 2006 and July 2017 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 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 LAMBOURNE DRIVE?

8 LAMBOURNE DRIVE is 75m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in Bewdley, based on EPC data. The below chart shows the distribution of detached houses by size in Bewdley, and where 8 LAMBOURNE DRIVE lies on this distribution: 17% of detached houses are smaller than 8 LAMBOURNE DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

8 LAMBOURNE DRIVE: Plot and Title Map

8 LAMBOURNE DRIVE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 8 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 8 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 8 LAMBOURNE DRIVE?

8 LAMBOURNE DRIVE is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 8 on LAMBOURNE DRIVE.