4, LYDBURY CLOSE, CRAMLINGTON, NE23 3XY - £270,000

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 LYDBURY CLOSE is a very small detached house of 48m², built sometime between 1983 and 1990. It was last sold for £270,000 in July 2022, which was around 12% below the average July 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

4 LYDBURY CLOSE Sold Prices

Land registry data shows three sales for 4 LYDBURY CLOSE 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. All of the three 4 LYDBURY CLOSE sales were for below 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 22 JUL	£270,000	£307,775	12% below HPI
2018 12 JUL	£178,000	£259,376	31% below HPI
2017 8 JUN	£155,000	£250,125	38% below HPI

4 LYDBURY CLOSE 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 4 LYDBURY CLOSE sales between June 2017 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 July 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 4 LYDBURY CLOSE?

4 LYDBURY CLOSE is 48m² according to the EPC inspection conducted in February 2017. 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 4 LYDBURY CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 4 LYDBURY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

4 LYDBURY CLOSE: Plot and Title Map

4 LYDBURY CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 4 LYDBURY CLOSE, 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 LYDBURY CLOSE). 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 LYDBURY CLOSE?

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