1, GREENHOLME CLOSE, CRAMLINGTON, NE23 3SU - £395,000

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.

1 GREENHOLME CLOSE is a very large extended detached house of 202m², built sometime between 1983 and 1990, which could now be worth an estimated £539,209. It was last sold for £395,000 in July 2019, which was around 50% above the average July 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

1 GREENHOLME CLOSE Sold Prices

Land registry data shows three sales for 1 GREENHOLME CLOSE 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 1 GREENHOLME CLOSE sales 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
2019 19 JUL	£395,000	£263,565	50% above HPI
2008 12 DEC	£340,000	£246,986	38% above HPI
2006 25 OCT	£301,000	£256,099	18% above HPI

1 GREENHOLME CLOSE 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 1 GREENHOLME CLOSE sales between October 2006 and July 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 December 2008 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2019 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 1 GREENHOLME CLOSE be worth now?

1 GREENHOLME CLOSE might now be worth an estimated £539,209.

This is based on house price inflation of 36.5%, between July 2019 and February 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 36.5% inflationary increase is applied to the most recent sale price for 1 GREENHOLME CLOSE of £395,000 on 19th July 2019. For the value to have increased from £395,000 to £539,209 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 1 GREENHOLME CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREENHOLME CLOSE has not materially changed since July 2019.

How Large is 1 GREENHOLME CLOSE?

1 GREENHOLME CLOSE is 202m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cramlington, and where 1 GREENHOLME CLOSE lies on this distribution: 98% of detached houses houses are smaller than 1 GREENHOLME CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

1 GREENHOLME CLOSE: Plot and Title Map

1 GREENHOLME CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 1 GREENHOLME CLOSE, 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 GREENHOLME CLOSE). 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 1 GREENHOLME CLOSE?

1 GREENHOLME CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 1 on GREENHOLME CLOSE.