2, WOBURN CLOSE, CRAMLINGTON, NE23 3QP - £335,000

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 WOBURN CLOSE is a very large extended detached house of 161m², built sometime between 1983 and 1990. It was last sold for £335,000 in June 2018, which was around 29% above the average June 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

2 WOBURN CLOSE Sold Prices

Land registry data shows three sales for 2 WOBURN CLOSE 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 WOBURN CLOSE 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
2018 1 JUN	£335,000	£258,754	29% above HPI
1998 18 DEC	£100,000	£93,430	7% above HPI
1995 24 MAR	£97,000	£82,658	17% above HPI

2 WOBURN 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 three 2 WOBURN CLOSE sales between March 1995 and June 2018 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 December 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2018 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 2 WOBURN CLOSE?

2 WOBURN CLOSE is 161m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% 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 WOBURN CLOSE lies on this distribution: 92% of detached houses are smaller than 2 WOBURN CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

2 WOBURN CLOSE: Plot and Title Map

2 WOBURN CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 2 WOBURN 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 WOBURN 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 WOBURN CLOSE?

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