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
3 LINCOLN ROAD is a very large extended detached house of 146m², built sometime between 1996 and 2002. It was last sold for £299,500 in November 2015, which was around 22% 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 D, and the potential energy rating was C.
Land registry data shows two sales for 3 LINCOLN ROAD since 1st 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 LINCOLN ROAD 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 4 NOV | £299,500 | £246,479 | 22% above HPI |
1999 17 SEP | £115,000 | £97,365 | 18% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 3 LINCOLN ROAD sales from September 1999 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 September 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
3 LINCOLN ROAD is 146m², which includes three extensions, according to the EPC inspection conducted in August 2015. 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 3 LINCOLN ROAD lies on this distribution: 87% of detached houses are smaller than 3 LINCOLN ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
3 LINCOLN ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 3 LINCOLN ROAD, 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 LINCOLN ROAD). 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.
3 LINCOLN ROAD is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 3 on LINCOLN ROAD.