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
20 BEECH AVENUE is a very small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £232,500 in May 2023, which was around 26% below the average May 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 20 BEECH AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 20 BEECH AVENUE 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 |
---|---|---|---|
2023 11 MAY | £232,500 | £313,596 | 26% below HPI |
2017 14 DEC | £175,000 | £255,103 | 31% below HPI |
2014 29 SEP | £165,000 | £237,933 | 31% below HPI |
2002 8 MAR | £89,950 | £116,971 | 23% below HPI |
1998 30 JUN | £58,900 | £89,212 | 34% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The five 20 BEECH AVENUE sales between June 1998 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 December 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
20 BEECH AVENUE is 77m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 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 20 BEECH AVENUE lies on this distribution: 4% of detached houses are smaller than 20 BEECH AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
20 BEECH AVENUE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 20 BEECH AVENUE, 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 20 BEECH AVENUE). 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.
20 BEECH AVENUE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 20 on BEECH AVENUE.