17, GLAZEBURY WAY, CRAMLINGTON, NE23 3LD - £160,000

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

17 GLAZEBURY WAY is a very small extended detached house of 80m², built sometime between 1996 and 2002. It was last sold for £160,000 in January 2019, which was around 37% below the average January 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

17 GLAZEBURY WAY Sold Prices

Land registry data shows five sales for 17 GLAZEBURY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 17 GLAZEBURY 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
2019 2 JAN	£160,000	£254,911	37% below HPI
2018 20 AUG	£145,000	£262,254	45% below HPI
2006 2 OCT	£195,000	£248,117	21% below HPI
2002 3 MAY	£118,000	£121,392	3% below HPI
2000 19 JUL	£80,995	£101,480	20% below HPI

17 GLAZEBURY 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 five 17 GLAZEBURY WAY sales between July 2000 and January 2019 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 August 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 17 GLAZEBURY WAY?

17 GLAZEBURY WAY is 80m², which includes three extensions, according to the EPC inspection conducted in January 2018. 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 GLAZEBURY WAY lies on this distribution: 8% of detached houses are smaller than 17 GLAZEBURY WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

17 GLAZEBURY WAY: Plot and Title Map

17 GLAZEBURY WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 17 GLAZEBURY 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 GLAZEBURY 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 GLAZEBURY WAY?

17 GLAZEBURY WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 17 on GLAZEBURY WAY.