3, LAMBOURNE CLOSE, BRAMCOTE, NOTTINGHAM, NG9 3NP - £720,000

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.

3 LAMBOURNE CLOSE is a very large extended detached house of 254m², built sometime from 2007 onwards, which could now be worth an estimated £1,117,382. It was last sold for £720,000 in July 2017, which was around 199% above the average July 2017 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

3 LAMBOURNE CLOSE Sold Prices

Land registry data shows three sales for 3 LAMBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 3 LAMBOURNE CLOSE 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
2017 7 JUL	£720,000	£240,894	199% above HPI
2007 8 MAR	£530,000	£205,503	158% above HPI
2005 31 MAR	£566,495	£192,209	195% above HPI

3 LAMBOURNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 3 LAMBOURNE CLOSE sales between March 2005 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 March 2007 sale was for 158% above the HPI. So the extrapolation line tracks at 158% above the HPI over time, until the July 2017 sale, where it rises to 199% above the HPI. The line then continues to track at 199% above the HPI.

What might 3 LAMBOURNE CLOSE be worth now?

3 LAMBOURNE CLOSE might now be worth an estimated £1,117,382.

This is based on house price inflation of 55.2%, between July 2017 and July 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.2% inflationary increase is applied to the most recent sale price for 3 LAMBOURNE CLOSE of £720,000 on 7th July 2017. For the value to have increased from £720,000 to £1,117,382 over the eight years to July 2025, the following assumptions must hold true:

• The value of 3 LAMBOURNE CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The July 2017 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LAMBOURNE CLOSE has not materially changed since July 2017.

How Large is 3 LAMBOURNE CLOSE?

3 LAMBOURNE CLOSE is 254m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beeston, and where 3 LAMBOURNE CLOSE lies on this distribution: 97% of detached houses houses are smaller than 3 LAMBOURNE CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Beeston.

3 LAMBOURNE CLOSE: Plot and Title Map

3 LAMBOURNE CLOSE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 3 LAMBOURNE CLOSE, 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 3 LAMBOURNE CLOSE). 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 3 LAMBOURNE CLOSE?

3 LAMBOURNE CLOSE is located in BRAMCOTE, in the NG9 postcode district. The below map shows the position of No. 3 on LAMBOURNE CLOSE.