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 LODSWORTH DRIVE is a very large extended detached house of 175m², built sometime between 1996 and 2002. It was last sold for £359,950 in June 2016, which was around 49% above the average June 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 LODSWORTH DRIVE since 1st 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. Both of the two 5 LODSWORTH DRIVE 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 |
---|---|---|---|
2016 20 JUN | £359,950 | £240,792 | 49% above HPI |
2002 13 DEC | £215,995 | £145,834 | 48% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 5 LODSWORTH DRIVE sales from December 2002 and June 2016 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 2002 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2016 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.
5 LODSWORTH DRIVE is 175m², which includes four extensions, according to the EPC inspection conducted in March 2016. 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 LODSWORTH DRIVE lies on this distribution: 96% of detached houses are smaller than 5 LODSWORTH DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
5 LODSWORTH DRIVE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 5 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 5 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.
5 LODSWORTH DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 5 on LODSWORTH DRIVE.