2, LODSWORTH DRIVE, CRAMLINGTON, NE23 7XR - £265,000

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

2 LODSWORTH DRIVE is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £265,000 in May 2018, which was around 3% above the average May 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

2 LODSWORTH DRIVE Sold Prices

Land registry data shows four sales for 2 LODSWORTH 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 Northumberland local authority area for the corresponding sale date. two of the four 2 LODSWORTH DRIVE sales were for above the average price, and four 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
2018 31 MAY	£265,000	£258,285	3% above HPI
2007 5 NOV	£238,000	£263,282	10% below HPI
2004 27 AUG	£210,000	£211,589	1% below HPI
2002 31 JAN	£126,995	£118,453	7% above HPI

2 LODSWORTH DRIVE 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 four 2 LODSWORTH DRIVE sales between January 2002 and May 2018 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 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 LODSWORTH DRIVE?

2 LODSWORTH DRIVE is 100m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 2 LODSWORTH DRIVE lies on this distribution: 34% of detached houses are smaller than 2 LODSWORTH DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

2 LODSWORTH DRIVE: Plot and Title Map

2 LODSWORTH DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 LODSWORTH 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 2 LODSWORTH 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 2 LODSWORTH DRIVE?

2 LODSWORTH DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 2 on LODSWORTH DRIVE.