16, SOMERSBY GARDENS, ST. NICHOLAS MANOR, CRAMLINGTON, NE23 1AE - £240,000

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

16 SOMERSBY GARDENS is a midsized detached house of 112m². It was last sold for £240,000 in October 2020, which was around 14% below the average October 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was B.

16 SOMERSBY GARDENS Sold Prices

Land registry data shows two sales for 16 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 16 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
2020 14 OCT	£240,000	£279,307	14% below HPI
2019 28 JUN	£249,950	£252,466	1% below HPI

16 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 16 SOMERSBY GARDENS sales from June 2019 and October 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 June 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 SOMERSBY GARDENS?

16 SOMERSBY GARDENS is 112m² according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 16 SOMERSBY GARDENS lies on this distribution: 48% of detached houses are smaller than 16 SOMERSBY GARDENS, and 49% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

16 SOMERSBY GARDENS: Plot and Title Map

16 SOMERSBY GARDENS sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 16 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 16 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 16 SOMERSBY GARDENS?

16 SOMERSBY GARDENS is located in ST. NICHOLAS MANOR, in the NE23 postcode district. The below map shows the position of No. 16 on SOMERSBY GARDENS.