13, WELBURY WAY, CRAMLINGTON, NE23 6PD - £278,000

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.

13 WELBURY WAY is a very large extended detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £340,286. It was last sold for £278,000 in December 2020, which was around 5% below the average December 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

13 WELBURY WAY Sold Prices

Land registry data shows two sales for 13 WELBURY WAY 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 13 WELBURY WAY 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
2020 1 DEC	£278,000	£293,933	5% below HPI
2005 29 MAR	£215,000	£227,613	6% below HPI

13 WELBURY WAY 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 13 WELBURY WAY sales from March 2005 and December 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 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 13 WELBURY WAY be worth now?

13 WELBURY WAY might now be worth an estimated £340,286.

This is based on house price inflation of 22.4%, between December 2020 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 22.4% inflationary increase is applied to the most recent sale price for 13 WELBURY WAY of £278,000 on 1st December 2020. For the value to have increased from £278,000 to £340,286 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 13 WELBURY WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2020 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 13 WELBURY WAY has not materially changed since December 2020.

How Large is 13 WELBURY WAY?

13 WELBURY WAY is 138m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 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 13 WELBURY WAY lies on this distribution: 82% of detached houses houses are smaller than 13 WELBURY WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

13 WELBURY WAY: Plot and Title Map

13 WELBURY WAY sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 13 WELBURY 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 13 WELBURY 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 13 WELBURY WAY?

13 WELBURY WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 13 on WELBURY WAY.