1, SOMERSBY GARDENS, ST. NICHOLAS MANOR, CRAMLINGTON, NE23 1AE - £215,000

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 SOMERSBY GARDENS is a small detached house of 92m², which could now be worth an estimated £263,942. It was last sold for £215,000 in February 2021, which was around 27% below the average February 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

1 SOMERSBY GARDENS Sold Prices

Land registry data shows two sales for 1 SOMERSBY GARDENS 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 SOMERSBY GARDENS 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
2021 26 FEB	£215,000	£293,074	27% below HPI
2018 31 OCT	£211,950	£270,407	22% below HPI

1 SOMERSBY GARDENS 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 SOMERSBY GARDENS sales from October 2018 and February 2021 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 October 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 SOMERSBY GARDENS be worth now?

1 SOMERSBY GARDENS might now be worth an estimated £263,942.

This is based on house price inflation of 22.8%, between February 2021 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 22.8% inflationary increase is applied to the most recent sale price for 1 SOMERSBY GARDENS of £215,000 on 26th February 2021. For the value to have increased from £215,000 to £263,942 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 SOMERSBY GARDENS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOMERSBY GARDENS has not materially changed since February 2021.

How Large is 1 SOMERSBY GARDENS?

1 SOMERSBY GARDENS is 92m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% 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 SOMERSBY GARDENS lies on this distribution: 24% of detached houses houses are smaller than 1 SOMERSBY GARDENS, and 75% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

1 SOMERSBY GARDENS: Plot and Title Map

1 SOMERSBY GARDENS sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 1 SOMERSBY GARDENS, 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 SOMERSBY GARDENS). 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 SOMERSBY GARDENS?

1 SOMERSBY GARDENS is located in ST. NICHOLAS MANOR, in the NE23 postcode district. The below map shows the position of No. 1 on SOMERSBY GARDENS.