24, LAMONBY WAY, CRAMLINGTON, NE23 7XW - £208,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 LAMONBY WAY is a very small extended detached house of 80m², built sometime between 1996 and 2002. It was last sold for £208,500 in March 2017, which was around 16% below the average March 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 B.

24 LAMONBY WAY Sold Prices

Land registry data shows three sales for 24 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. Two of the three 24 LAMONBY WAY sales were for below the average price, whilst one was 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 1 MAR	£208,500	£247,059	16% below HPI
2008 12 SEP	£178,000	£247,943	28% below HPI
2002 22 NOV	£153,000	£142,410	7% above HPI

24 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 24 LAMONBY WAY sales between November 2002 and March 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 September 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 24 LAMONBY WAY?

24 LAMONBY WAY is 80m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 24 LAMONBY WAY lies on this distribution: 8% of detached houses are smaller than 24 LAMONBY WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

24 LAMONBY WAY: Plot and Title Map

24 LAMONBY WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 24 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 24 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 24 LAMONBY WAY?

24 LAMONBY WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 24 on LAMONBY WAY.