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
42 LAPFORD DRIVE is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £267,000 in July 2021, which was around 8% below the average July 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 42 LAPFORD DRIVE since 1st 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 42 LAPFORD 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 |
---|---|---|---|
2021 12 JUL | £267,000 | £290,861 | 8% below HPI |
2019 4 NOV | £222,000 | £254,611 | 13% below HPI |
2019 25 OCT | £230,000 | £257,560 | 11% below HPI |
1998 31 JUL | £82,995 | £91,039 | 9% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 42 LAPFORD DRIVE sales between July 1998 and July 2021 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 November 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
42 LAPFORD DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in July 2019. 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 42 LAPFORD DRIVE lies on this distribution: 29% of detached houses are smaller than 42 LAPFORD DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
42 LAPFORD DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 42 LAPFORD 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 42 LAPFORD 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.
42 LAPFORD DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 42 on LAPFORD DRIVE.