17, FAIRHAVEN WAY, THE FAIRWAYS, CRAMLINGTON, NE23 8BS - £222,000

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

17 FAIRHAVEN WAY is a very small detached house of 80m². It was last sold for £222,000 in June 2024, which was around 34% below the average June 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2020, where the current energy rating was C, and the potential energy rating was B.

17 FAIRHAVEN WAY Sold Prices

Land registry data shows two sales for 17 FAIRHAVEN 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 17 FAIRHAVEN 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
2024 11 JUN	£222,000	£336,953	34% below HPI
2020 29 MAY	£214,950	£258,075	17% below HPI

17 FAIRHAVEN 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 17 FAIRHAVEN WAY sales from May 2020 and June 2024 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 May 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2024 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 17 FAIRHAVEN WAY?

17 FAIRHAVEN WAY is 80m² according to the EPC inspection conducted in April 2020. 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 17 FAIRHAVEN WAY lies on this distribution: 8% of detached houses are smaller than 17 FAIRHAVEN WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

17 FAIRHAVEN WAY: Plot and Title Map

17 FAIRHAVEN WAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 17 FAIRHAVEN 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 17 FAIRHAVEN 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 17 FAIRHAVEN WAY?

17 FAIRHAVEN WAY is located in THE FAIRWAYS, in the NE23 postcode district. The below map shows the position of No. 17 on FAIRHAVEN WAY.