3, LAMONBY WAY, CRAMLINGTON, NE23 7XW - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 LAMONBY WAY is a very large extended detached house of 176m², built sometime between 1996 and 2002, which could now be worth an estimated £518,404. It was last sold for £370,000 in July 2016, which was around 44% above the average July 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was B.

3 LAMONBY WAY Sold Prices

Land registry data shows two sales for 3 LAMONBY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 3 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
2016 8 JUL	£370,000	£256,792	44% above HPI
2002 7 AUG	£205,000	£138,402	48% above HPI

3 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 two 3 LAMONBY WAY sales from August 2002 and July 2016 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 August 2002 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2016 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 3 LAMONBY WAY be worth now?

3 LAMONBY WAY might now be worth an estimated £518,404.

This is based on house price inflation of 40.1%, between July 2016 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 40.1% inflationary increase is applied to the most recent sale price for 3 LAMONBY WAY of £370,000 on 8th July 2016. For the value to have increased from £370,000 to £518,404 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 3 LAMONBY WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2016 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LAMONBY WAY has not materially changed since July 2016.

How Large is 3 LAMONBY WAY?

3 LAMONBY WAY is 176m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% 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 3 LAMONBY WAY lies on this distribution: 96% of detached houses houses are smaller than 3 LAMONBY WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

3 LAMONBY WAY: Plot and Title Map

3 LAMONBY WAY sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 3 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 3 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 3 LAMONBY WAY?

3 LAMONBY WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 3 on LAMONBY WAY.