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
25 LAMONBY WAY is a very large detached house of 147m², built sometime between 1996 and 2002. It was last sold for £325,000 in May 2017, which was around 30% above the average May 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 25 LAMONBY WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 25 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 25 MAY | £325,000 | £249,321 | 30% above HPI |
2013 18 JAN | £275,000 | £223,852 | 23% above HPI |
2006 6 OCT | £310,000 | £248,117 | 25% above HPI |
2004 24 JUN | £310,000 | £198,258 | 56% above HPI |
2002 12 NOV | £225,950 | £142,410 | 59% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The five 25 LAMONBY WAY sales between November 2002 and May 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 2013 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2017 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.
25 LAMONBY WAY is 147m² according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 25 LAMONBY WAY lies on this distribution: 87% of detached houses are smaller than 25 LAMONBY WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
25 LAMONBY WAY sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 25 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 25 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.
25 LAMONBY WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 25 on LAMONBY WAY.