48, LAMBOURNE DRIVE, NOTTINGHAM, NG8 1GR - £385,000

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.

48 LAMBOURNE DRIVE is a very large extended detached house of 164m², built sometime between 1983 and 1990, which could now be worth an estimated £664,089. It was last sold for £385,000 in August 2015, which was around 101% above the average August 2015 detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

48 LAMBOURNE DRIVE Sold Prices

Land registry data shows four sales for 48 LAMBOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 48 LAMBOURNE DRIVE 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
2015 28 AUG	£385,000	£191,728	101% above HPI
2012 20 NOV	£180,000	£161,491	11% above HPI
2001 31 JUL	£205,000	£95,266	115% above HPI
1999 12 FEB	£157,500	£73,868	113% above HPI

48 LAMBOURNE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 48 LAMBOURNE DRIVE sales between February 1999 and August 2015 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 2012 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2015 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might 48 LAMBOURNE DRIVE be worth now?

48 LAMBOURNE DRIVE might now be worth an estimated £664,089.

This is based on house price inflation of 72.5%, between August 2015 and July 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.5% inflationary increase is applied to the most recent sale price for 48 LAMBOURNE DRIVE of £385,000 on 28th August 2015. For the value to have increased from £385,000 to £664,089 over the ten years and one month to July 2025, the following assumptions must hold true:

• The value of 48 LAMBOURNE DRIVE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The August 2015 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 48 LAMBOURNE DRIVE has not materially changed since August 2015.

How Large is 48 LAMBOURNE DRIVE?

48 LAMBOURNE DRIVE is 164m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 48 LAMBOURNE DRIVE lies on this distribution: 88% of detached houses houses are smaller than 48 LAMBOURNE DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

48 LAMBOURNE DRIVE: Plot and Title Map

48 LAMBOURNE DRIVE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 48 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 48 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 48 LAMBOURNE DRIVE?

48 LAMBOURNE DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 48 on LAMBOURNE DRIVE.