4, LODSWORTH DRIVE, CRAMLINGTON, NE23 7XR - £298,000

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

4 LODSWORTH DRIVE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £298,000 in July 2022, which was around 3% below the average July 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

4 LODSWORTH DRIVE Sold Prices

Land registry data shows two sales for 4 LODSWORTH DRIVE 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. One of the two 4 LODSWORTH DRIVE sales was for below the average price, whilst the other 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
2022 21 JUL	£298,000	£307,775	3% below HPI
2001 17 DEC	£126,495	£116,335	9% above HPI

4 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 two 4 LODSWORTH DRIVE sales from December 2001 and July 2022 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 December 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 4 LODSWORTH DRIVE?

4 LODSWORTH DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 4 LODSWORTH DRIVE lies on this distribution: 29% of detached houses are smaller than 4 LODSWORTH DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

4 LODSWORTH DRIVE: Plot and Title Map

4 LODSWORTH DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 4 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 4 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 4 LODSWORTH DRIVE?

4 LODSWORTH DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 4 on LODSWORTH DRIVE.