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
2 ARLINGTON GROVE is a small extended detached house of 95m², built sometime between 1991 and 1995. It was last sold for £280,000 in August 2023, which was around 15% below the average August 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 2 ARLINGTON GROVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the six 2 ARLINGTON GROVE 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 |
---|---|---|---|
2023 10 AUG | £280,000 | £328,235 | 15% below HPI |
2023 17 FEB | £5,650 | £320,757 | 98% below HPI |
2008 25 APR | £237,000 | £261,691 | 9% below HPI |
2007 15 NOV | £240,000 | £263,282 | 9% below HPI |
2006 20 OCT | £220,000 | £248,117 | 11% below HPI |
1998 10 JUL | £80,000 | £91,039 | 12% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The six 2 ARLINGTON GROVE sales between July 1998 and August 2023 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 February 2023 sale was for 98% below the HPI. So the extrapolation line tracks at 98% below the HPI over time, until the August 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
2 ARLINGTON GROVE is 95m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 2 ARLINGTON GROVE lies on this distribution: 26% of detached houses are smaller than 2 ARLINGTON GROVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
2 ARLINGTON GROVE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 2 ARLINGTON GROVE, 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 2 ARLINGTON GROVE). 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.
2 ARLINGTON GROVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 2 on ARLINGTON GROVE.