12, METHVEN WAY, CRAMLINGTON, NE23 3XQ - £171,500

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.

12 METHVEN WAY is a small semi-detached house of 94m², built sometime between 1991 and 1995, which could now be worth an estimated £237,503. It was last sold for £171,500 in January 2020, which was around 22% above the average January 2020 semi-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 B.

12 METHVEN WAY Sold Prices

Land registry data shows two sales for 12 METHVEN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 12 METHVEN WAY 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
2020 17 JAN	£171,500	£140,987	22% above HPI
1999 19 MAR	£65,950	£46,844	41% above HPI

12 METHVEN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 12 METHVEN WAY sales from March 1999 and January 2020 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 March 1999 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2020 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 12 METHVEN WAY be worth now?

12 METHVEN WAY might now be worth an estimated £237,503.

This is based on house price inflation of 38.5%, between January 2020 and February 2025, for semi-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 38.5% inflationary increase is applied to the most recent sale price for 12 METHVEN WAY of £171,500 on 17th January 2020. For the value to have increased from £171,500 to £237,503 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12 METHVEN WAY has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The January 2020 sale price of £171,500 represented a fair market value for the property.
• The size, condition, and specification of 12 METHVEN WAY has not materially changed since January 2020.

How Large is 12 METHVEN WAY?

12 METHVEN WAY is 94m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of semi-detached houses houses in Cramlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cramlington, and where 12 METHVEN WAY lies on this distribution: 25% of semi-detached houses houses are smaller than 12 METHVEN WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

12 METHVEN WAY: Plot and Title Map

12 METHVEN WAY sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 12 METHVEN WAY, 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 12 METHVEN WAY). 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 12 METHVEN WAY?

12 METHVEN WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 12 on METHVEN WAY.