10, FAIRVILLE CLOSE, CRAMLINGTON, NE23 3GJ - £342,000

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

10 FAIRVILLE CLOSE is a very large extended detached house of 175m², built sometime between 1996 and 2002. It was last sold for £342,000 in March 2016, which was around 40% above the average March 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

10 FAIRVILLE CLOSE Sold Prices

Land registry data shows three sales for 10 FAIRVILLE 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 10 FAIRVILLE 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
2016 18 MAR	£342,000	£243,545	40% above HPI
2005 13 DEC	£265,000	£232,388	14% above HPI
1996 4 JUL	£96,950	£83,384	16% above HPI

10 FAIRVILLE 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 10 FAIRVILLE CLOSE sales between July 1996 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 December 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2016 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 10 FAIRVILLE CLOSE?

10 FAIRVILLE CLOSE is 175m², which includes four extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 10 FAIRVILLE CLOSE lies on this distribution: 96% of detached houses are smaller than 10 FAIRVILLE CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

10 FAIRVILLE CLOSE: Plot and Title Map

10 FAIRVILLE CLOSE sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of 10 FAIRVILLE 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 10 FAIRVILLE 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 10 FAIRVILLE CLOSE?

10 FAIRVILLE CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 10 on FAIRVILLE CLOSE.