1, MORESBY ROAD, CRAMLINGTON, NE23 3XP - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MORESBY ROAD is a small extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £215,000 in December 2004, which was around 2% below the average December 2004 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

1 MORESBY ROAD Sold Prices

Land registry data shows two sales for 1 MORESBY ROAD 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 MORESBY ROAD 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
2004 17 DEC	£215,000	£219,478	2% below HPI
1999 9 JUL	£85,950	£98,026	12% below HPI

1 MORESBY ROAD 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 MORESBY ROAD sales from July 1999 and December 2004 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 July 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2004 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 MORESBY ROAD?

1 MORESBY ROAD is 104m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 MORESBY ROAD lies on this distribution: 38% of detached houses are smaller than 1 MORESBY ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

1 MORESBY ROAD: Plot and Title Map

1 MORESBY ROAD sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 1 MORESBY ROAD, 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 MORESBY ROAD). 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 MORESBY ROAD?

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