40, LANGTON DRIVE, CRAMLINGTON, NE23 3XS - £235,000

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

40 LANGTON DRIVE is a very small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £235,000 in May 2022, which was around 22% below the average May 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

40 LANGTON DRIVE Sold Prices

Land registry data shows four sales for 40 LANGTON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 40 LANGTON DRIVE 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 27 MAY	£235,000	£303,147	22% below HPI
2003 23 DEC	£157,950	£186,774	15% below HPI
2003 16 DEC	£150,000	£186,774	20% below HPI
2000 18 DEC	£88,950	£102,267	13% below HPI

40 LANGTON 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 four 40 LANGTON DRIVE sales between December 2000 and May 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 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 40 LANGTON DRIVE?

40 LANGTON DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 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 40 LANGTON DRIVE lies on this distribution: 14% of detached houses are smaller than 40 LANGTON DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

40 LANGTON DRIVE: Plot and Title Map

40 LANGTON DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 40 LANGTON 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 40 LANGTON 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 40 LANGTON DRIVE?

40 LANGTON DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 40 on LANGTON DRIVE.