LEAHOLME, HIGH PIT ROAD, CRAMLINGTON, NE23 6RB - £170,000

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

LEAHOLME is a midsized extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £170,000 in August 2019, which was around 35% below the average August 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

LEAHOLME Sold Prices

Land registry data shows three sales for LEAHOLME 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 LEAHOLME 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
2019 21 AUG	£170,000	£261,442	35% below HPI
2008 6 JUN	£161,000	£262,579	39% below HPI
2003 21 FEB	£82,000	£144,696	43% below HPI

LEAHOLME 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 LEAHOLME sales between February 2003 and August 2019 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 June 2008 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2019 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is LEAHOLME?

LEAHOLME is 109m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where LEAHOLME lies on this distribution: 42% of detached houses are smaller than LEAHOLME, and 57% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

LEAHOLME: Plot and Title Map

LEAHOLME sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of LEAHOLME, 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 LEAHOLME). 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 LEAHOLME?

LEAHOLME is located on HIGH PIT ROAD in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of LEAHOLME on HIGH PIT ROAD.