2, PICKERING CLOSE, CRAMLINGTON, NE23 6QB - £220,000

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 PICKERING CLOSE is a small extended detached house of 106m², built sometime from 2012 onwards. It was last sold for £220,000 in May 2024, which was around 33% below the average May 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

2 PICKERING CLOSE Sold Prices

Land registry data shows two sales for 2 PICKERING 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 PICKERING 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 24 MAY	£220,000	£329,302	33% below HPI
2012 24 FEB	£149,995	£222,277	33% below HPI

2 PICKERING 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 PICKERING CLOSE sales from February 2012 and May 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 February 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2024 sale, which was also at 33% below the HPI.

How Large is 2 PICKERING CLOSE?

2 PICKERING CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% 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 PICKERING CLOSE lies on this distribution: 39% of detached houses are smaller than 2 PICKERING CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

2 PICKERING CLOSE: Plot and Title Map

2 PICKERING CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 2 PICKERING 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 PICKERING 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 PICKERING CLOSE?

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