5, LAMONBY WAY, CRAMLINGTON, NE23 7XW - £316,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 LAMONBY WAY is a very large extended detached house of 174m², built sometime between 1996 and 2002. It was last sold for £316,000 in October 2014, which was around 32% above the average October 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was C.

5 LAMONBY WAY Sold Prices

Land registry data shows three sales for 5 LAMONBY WAY 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 5 LAMONBY WAY 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
2014 27 OCT	£316,000	£238,674	32% above HPI
2013 3 MAY	£314,000	£227,873	38% above HPI
2002 15 JUL	£206,995	£130,334	59% above HPI

5 LAMONBY WAY 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 5 LAMONBY WAY sales between July 2002 and October 2014 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 May 2013 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2014 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 5 LAMONBY WAY?

5 LAMONBY WAY is 174m², which includes three extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 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 5 LAMONBY WAY lies on this distribution: 95% of detached houses are smaller than 5 LAMONBY WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

5 LAMONBY WAY: Plot and Title Map

5 LAMONBY WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 5 LAMONBY WAY, 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 5 LAMONBY WAY). 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 5 LAMONBY WAY?

5 LAMONBY WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 5 on LAMONBY WAY.