1, MELKRIDGE PLACE, CRAMLINGTON, NE23 6UF - £218,000

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 MELKRIDGE PLACE is a very small extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £312,014. It was last sold for £218,000 in March 2016, which was around 13% below the average March 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 MELKRIDGE PLACE Sold Prices

Land registry data shows two sales for 1 MELKRIDGE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 1 MELKRIDGE PLACE 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
2016 31 MAR	£218,000	£251,380	13% below HPI
2004 6 SEP	£199,500	£226,257	12% below HPI

1 MELKRIDGE PLACE 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 two 1 MELKRIDGE PLACE sales from September 2004 and March 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 September 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 MELKRIDGE PLACE be worth now?

1 MELKRIDGE PLACE might now be worth an estimated £312,014.

This is based on house price inflation of 43.1%, between March 2016 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 43.1% inflationary increase is applied to the most recent sale price for 1 MELKRIDGE PLACE of £218,000 on 31st March 2016. For the value to have increased from £218,000 to £312,014 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 1 MELKRIDGE PLACE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2016 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MELKRIDGE PLACE has not materially changed since March 2016.

How Large is 1 MELKRIDGE PLACE?

1 MELKRIDGE PLACE is 81m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% 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 MELKRIDGE PLACE lies on this distribution: 10% of detached houses houses are smaller than 1 MELKRIDGE PLACE, and 89% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

1 MELKRIDGE PLACE: Plot and Title Map

1 MELKRIDGE PLACE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 1 MELKRIDGE PLACE, 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 MELKRIDGE PLACE). 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 MELKRIDGE PLACE?

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