12, LAUREL DRIVE, ASHINGTON, NE63 9FF - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 LAUREL DRIVE is a very large extended detached house of 134m², built sometime between 1991 and 1995, which could now be worth an estimated £332,437. It was last sold for £315,000 in July 2023, which was around 5% below the average July 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.

12 LAUREL DRIVE Sold Prices

Land registry data shows four sales for 12 LAUREL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the four 12 LAUREL 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
2023 28 JUL	£315,000	£330,034	5% below HPI
2003 5 DEC	£173,500	£192,782	10% below HPI
2000 16 OCT	£92,000	£109,148	16% below HPI
1995 8 SEP	£87,950	£82,540	7% above HPI

12 LAUREL DRIVE 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 four 12 LAUREL DRIVE sales between September 1995 and July 2023 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 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 12 LAUREL DRIVE be worth now?

12 LAUREL DRIVE might now be worth an estimated £332,437.

This is based on house price inflation of 5.5%, between July 2023 and June 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for 12 LAUREL DRIVE of £315,000 on 28th July 2023. For the value to have increased from £315,000 to £332,437 over the two years and one month to June 2025, the following assumptions must hold true:

• The value of 12 LAUREL DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2023 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LAUREL DRIVE has not materially changed since July 2023.

How Large is 12 LAUREL DRIVE?

12 LAUREL DRIVE is 134m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashington, and where 12 LAUREL DRIVE lies on this distribution: 82% of detached houses houses are smaller than 12 LAUREL DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Ashington.

12 LAUREL DRIVE: Plot and Title Map

12 LAUREL DRIVE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 12 LAUREL 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 12 LAUREL 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.

Where is 12 LAUREL DRIVE?

12 LAUREL DRIVE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 12 on LAUREL DRIVE.