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
1 ELLERTON WAY is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £203,000 in September 2014, which was around 15% below the average September 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 1 ELLERTON WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 1 ELLERTON WAY 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 19 SEP | £203,000 | £237,933 | 15% below HPI |
2007 9 MAY | £199,950 | £247,542 | 19% below HPI |
2006 21 DEC | £175,000 | £246,253 | 29% below HPI |
2001 29 JUN | £92,950 | £110,088 | 16% below HPI |
1997 12 DEC | £72,500 | £86,202 | 16% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The five 1 ELLERTON WAY sales between December 1997 and September 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 May 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
1 ELLERTON WAY is 99m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 1 ELLERTON WAY lies on this distribution: 33% of detached houses are smaller than 1 ELLERTON WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
1 ELLERTON WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 1 ELLERTON WAY, 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 1 ELLERTON WAY). 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.
1 ELLERTON WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 1 on ELLERTON WAY.