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
7 LANGTON DRIVE is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £174,000 in March 2014, which was around 25% below the average March 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 7 LANGTON DRIVE since 1st 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 7 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 |
---|---|---|---|
2014 28 MAR | £174,000 | £231,455 | 25% below HPI |
2005 20 DEC | £175,000 | £232,388 | 25% below HPI |
1999 11 JUN | £75,950 | £95,555 | 21% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 7 LANGTON DRIVE sales between June 1999 and March 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 December 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2014 sale, which was also at 25% below the HPI.
7 LANGTON DRIVE is 96m² according to the EPC inspection conducted in November 2016. 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 7 LANGTON DRIVE lies on this distribution: 27% of detached houses are smaller than 7 LANGTON DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
7 LANGTON DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 7 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 7 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.
7 LANGTON DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 7 on LANGTON DRIVE.