LYNCROFT, SOUTH ROAD, PRUDHOE, NE42 5LB - £185,000

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

LYNCROFT is a very large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £185,000 in August 2016, which was around 27% below the average August 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

LYNCROFT Sold Prices

Land registry data shows three sales for LYNCROFT 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. One of the three LYNCROFT sales was for below the average price, whilst two 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 22 AUG	£185,000	£253,697	27% below HPI
2006 28 JUN	£250,000	£237,761	5% above HPI
2002 20 AUG	£150,000	£134,088	12% above HPI

LYNCROFT 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 LYNCROFT sales between August 2002 and August 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 June 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is LYNCROFT?

LYNCROFT is 165m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Prudhoe, and where LYNCROFT lies on this distribution: 89% of detached houses are smaller than LYNCROFT, and 10% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

LYNCROFT: Plot and Title Map

LYNCROFT sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of LYNCROFT, 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 LYNCROFT). 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 LYNCROFT?

LYNCROFT is located on SOUTH ROAD in PRUDHOE, in the NE42 postcode district. The below map shows the position of LYNCROFT on SOUTH ROAD.