2, ELLERTON WAY, CRAMLINGTON, NE23 3HX - £355,000

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

2 ELLERTON WAY is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £355,000 in May 2023, which was around 13% above the average May 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was B.

2 ELLERTON WAY Sold Prices

Land registry data shows three sales for 2 ELLERTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 2 ELLERTON WAY sales were for above 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 2 MAY	£355,000	£313,596	13% above HPI
2002 20 SEP	£206,000	£137,828	49% above HPI
1999 15 JAN	£105,700	£91,228	16% above HPI

2 ELLERTON 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 three 2 ELLERTON WAY sales between January 1999 and May 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 September 2002 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2023 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2 ELLERTON WAY?

2 ELLERTON WAY is 112m² according to the EPC inspection conducted in May 2015. 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 ELLERTON WAY lies on this distribution: 48% of detached houses are smaller than 2 ELLERTON WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

2 ELLERTON WAY: Plot and Title Map

2 ELLERTON WAY sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 2 ELLERTON 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 2 ELLERTON 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 2 ELLERTON WAY?

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