2, WATERBECK CLOSE, CRAMLINGTON, NE23 6LT - £218,000

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 WATERBECK CLOSE is a large extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £218,000 in January 2019, which was around 14% below the average January 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

2 WATERBECK CLOSE Sold Prices

Land registry data shows two sales for 2 WATERBECK 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 WATERBECK 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
2019 18 JAN	£218,000	£254,911	14% below HPI
2005 29 JUL	£198,000	£226,792	13% below HPI

2 WATERBECK 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 WATERBECK CLOSE sales from July 2005 and January 2019 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 July 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 WATERBECK CLOSE?

2 WATERBECK CLOSE is 129m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 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 WATERBECK CLOSE lies on this distribution: 73% of detached houses are smaller than 2 WATERBECK CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

2 WATERBECK CLOSE: Plot and Title Map

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

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