2, CORINTO CLOSE, CRAMLINGTON, NE23 6FA - £244,000

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

2 CORINTO CLOSE is a midsized detached house of 114m². It was last sold for £244,000 in February 2021, which was around 14% below the average February 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.

2 CORINTO CLOSE Sold Prices

Land registry data shows two sales for 2 CORINTO 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 2 CORINTO 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
2021 26 FEB	£244,000	£283,940	14% below HPI
2014 22 AUG	£226,995	£236,997	4% below HPI

2 CORINTO 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 2 CORINTO CLOSE sales from August 2014 and February 2021 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 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 CORINTO CLOSE?

2 CORINTO CLOSE is 114m² according to the EPC inspection conducted in June 2014. 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 2 CORINTO CLOSE lies on this distribution: 53% of detached houses are smaller than 2 CORINTO CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

2 CORINTO CLOSE: Plot and Title Map

2 CORINTO CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 2 CORINTO 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 2 CORINTO 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 2 CORINTO CLOSE?

2 CORINTO CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 2 on CORINTO CLOSE.