18, ASHWOOD CLOSE, CRAMLINGTON, NE23 3GT - £270,000

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

18 ASHWOOD CLOSE is a very small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £270,000 in August 2024, which was around 23% below the average August 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

18 ASHWOOD CLOSE Sold Prices

Land registry data shows two sales for 18 ASHWOOD 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 18 ASHWOOD 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
2024 8 AUG	£270,000	£352,033	23% below HPI
1996 21 JUN	£65,500	£82,047	20% below HPI

18 ASHWOOD 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 18 ASHWOOD CLOSE sales from June 1996 and August 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 June 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 18 ASHWOOD CLOSE?

18 ASHWOOD CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in March 2024. 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 18 ASHWOOD CLOSE lies on this distribution: 5% of detached houses are smaller than 18 ASHWOOD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

18 ASHWOOD CLOSE: Plot and Title Map

18 ASHWOOD CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 18 ASHWOOD 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 18 ASHWOOD 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 18 ASHWOOD CLOSE?

18 ASHWOOD CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 18 on ASHWOOD CLOSE.