15, 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

15 LAMONBY WAY is a very large extended detached house of 167m², built sometime between 1996 and 2002. It was last sold for £330,000 in August 2017, which was around 28% above the average August 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

15 LAMONBY WAY Sold Prices

Land registry data shows three sales for 15 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 15 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
2017 4 AUG	£330,000	£257,504	28% above HPI
2006 30 JAN	£295,000	£231,166	28% above HPI
2002 24 JUL	£215,000	£130,334	65% above HPI

15 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 15 LAMONBY WAY sales between July 2002 and August 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 January 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2017 sale, which was also at 28% above the HPI.

How Large is 15 LAMONBY WAY?

15 LAMONBY WAY is 167m², which includes one extension, according to the EPC inspection conducted in November 2016. 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 15 LAMONBY WAY lies on this distribution: 94% of detached houses are smaller than 15 LAMONBY WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

15 LAMONBY WAY: Plot and Title Map

15 LAMONBY WAY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 15 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 15 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 15 LAMONBY WAY?

15 LAMONBY WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 15 on LAMONBY WAY.