1, LAMONBY WAY, CRAMLINGTON, NE23 7XW - £330,000

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

1 LAMONBY WAY is a very large extended detached house of 175m², built sometime between 1996 and 2002. It was last sold for £330,000 in September 2016, which was around 30% above the average September 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

1 LAMONBY WAY Sold Prices

Land registry data shows three sales for 1 LAMONBY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 1 LAMONBY WAY 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
2016 9 SEP	£330,000	£253,705	30% above HPI
2014 23 MAY	£320,000	£230,773	39% above HPI
2002 27 SEP	£229,995	£137,828	67% above HPI

1 LAMONBY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 1 LAMONBY WAY sales between September 2002 and September 2016 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 May 2014 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2016 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 1 LAMONBY WAY?

1 LAMONBY WAY is 175m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 10% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 1 LAMONBY WAY lies on this distribution: 96% of detached houses are smaller than 1 LAMONBY WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

1 LAMONBY WAY: Plot and Title Map

1 LAMONBY WAY sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 1 LAMONBY WAY, 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 1 LAMONBY WAY). 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 1 LAMONBY WAY?

1 LAMONBY WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 1 on LAMONBY WAY.