23, LEALANDS, LESBURY, ALNWICK, NE66 3QN - £370,000

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

23 LEALANDS is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £370,000 in September 2021, which was around 27% above the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

23 LEALANDS Sold Prices

Land registry data shows three sales for 23 LEALANDS 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. Two of the three 23 LEALANDS sales were for above the average price, whilst one was 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
2021 30 SEP	£370,000	£290,345	27% above HPI
2006 25 MAY	£215,000	£235,320	9% below HPI
2002 12 APR	£147,000	£117,608	25% above HPI

23 LEALANDS 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 23 LEALANDS sales between April 2002 and September 2021 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 23 LEALANDS?

23 LEALANDS is 70m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Lesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Lesbury, and where 23 LEALANDS lies on this distribution: 5% of detached houses are smaller than 23 LEALANDS, and 95% of houses are larger. Note that EPC data is not available for all properties in Lesbury.

23 LEALANDS: Plot and Title Map

23 LEALANDS sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 23 LEALANDS, 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 23 LEALANDS). 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 23 LEALANDS?

23 LEALANDS is located in LESBURY, in the NE66 postcode district. The below map shows the position of No. 23 on LEALANDS.