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
9 LAPFORD DRIVE is a very small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £230,000 in November 2022, which was around 30% below the average November 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 9 LAPFORD 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 9 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 |
---|---|---|---|
2022 11 NOV | £230,000 | £326,895 | 30% below HPI |
2008 18 JUL | £185,000 | £256,815 | 28% below HPI |
1998 25 SEP | £73,995 | £93,862 | 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 9 LAPFORD DRIVE sales between September 1998 and November 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 July 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
9 LAPFORD DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 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 9 LAPFORD DRIVE lies on this distribution: 4% of detached houses are smaller than 9 LAPFORD DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
9 LAPFORD DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 9 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 9 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.
9 LAPFORD DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 9 on LAPFORD DRIVE.