20, METHVEN WAY, CRAMLINGTON, NE23 3XQ - £240,000

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

20 METHVEN WAY is a large detached house of 124m², built sometime between 1996 and 2002. It was last sold for £240,000 in April 2004, which was around 29% above the average April 2004 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

20 METHVEN WAY Sold Prices

Land registry data shows two sales for 20 METHVEN WAY 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 20 METHVEN 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
2004 15 APR	£240,000	£186,418	29% above HPI
1999 19 MAR	£107,000	£89,506	20% above HPI

20 METHVEN 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 two 20 METHVEN WAY sales from March 1999 and April 2004 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 March 1999 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2004 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 20 METHVEN WAY?

20 METHVEN WAY is 124m² according to the EPC inspection conducted in July 2016. This puts it in the largest 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 20 METHVEN WAY lies on this distribution: 66% of detached houses are smaller than 20 METHVEN WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

20 METHVEN WAY: Plot and Title Map

20 METHVEN WAY sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 20 METHVEN 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 20 METHVEN 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 20 METHVEN WAY?

20 METHVEN WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 20 on METHVEN WAY.