15, PICKERING CLOSE, CRAMLINGTON, NE23 6QB - £165,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 PICKERING CLOSE is a very small detached house of 80m². It was last sold for £165,000 in May 2017, which was around 34% below the average May 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

15 PICKERING CLOSE Sold Prices

Land registry data shows two sales for 15 PICKERING CLOSE 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 15 PICKERING CLOSE 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
2017 10 MAY	£165,000	£249,321	34% below HPI
2012 20 JUL	£154,995	£228,477	32% below HPI

15 PICKERING 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 two 15 PICKERING CLOSE sales from July 2012 and May 2017 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 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 15 PICKERING CLOSE?

15 PICKERING CLOSE is 80m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 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 15 PICKERING CLOSE lies on this distribution: 8% of detached houses are smaller than 15 PICKERING CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

15 PICKERING CLOSE: Plot and Title Map

15 PICKERING CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 15 PICKERING 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 15 PICKERING 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 15 PICKERING CLOSE?

15 PICKERING CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 15 on PICKERING CLOSE.