23, LODSWORTH DRIVE, CRAMLINGTON, NE23 7XR - £260,000

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.

23 LODSWORTH DRIVE is a very small detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £367,697. It was last sold for £260,000 in November 2015, which was around 2% above the average November 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

23 LODSWORTH DRIVE Sold Prices

Land registry data shows three sales for 23 LODSWORTH DRIVE 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 23 LODSWORTH 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 11 NOV	£260,000	£254,408	2% above HPI
2004 14 MAY	£210,000	£200,843	5% above HPI
2002 20 MAY	£137,000	£125,297	9% above HPI

23 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 three 23 LODSWORTH DRIVE sales between May 2002 and November 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 May 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 23 LODSWORTH DRIVE be worth now?

23 LODSWORTH DRIVE might now be worth an estimated £367,697.

This is based on house price inflation of 41.4%, between November 2015 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.4% inflationary increase is applied to the most recent sale price for 23 LODSWORTH DRIVE of £260,000 on 11th November 2015. For the value to have increased from £260,000 to £367,697 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 LODSWORTH DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2015 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LODSWORTH DRIVE has not materially changed since November 2015.

How Large is 23 LODSWORTH DRIVE?

23 LODSWORTH DRIVE is 87m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cramlington, and where 23 LODSWORTH DRIVE lies on this distribution: 15% of detached houses houses are smaller than 23 LODSWORTH DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

23 LODSWORTH DRIVE: Plot and Title Map

23 LODSWORTH DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 23 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 23 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 23 LODSWORTH DRIVE?

23 LODSWORTH DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 23 on LODSWORTH DRIVE.