20, MORESBY ROAD, CRAMLINGTON, NE23 3XP - £192,000

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 MORESBY ROAD is a very small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £192,000 in August 2020, which was around 28% below the average August 2020 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 MORESBY ROAD Sold Prices

Land registry data shows four sales for 20 MORESBY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 20 MORESBY ROAD 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
2020 5 AUG	£192,000	£268,221	28% below HPI
2020 11 MAY	£200,000	£258,075	23% below HPI
2001 8 JUN	£87,000	£110,088	21% below HPI
1999 15 SEP	£77,500	£97,365	20% below HPI

20 MORESBY ROAD 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 four 20 MORESBY ROAD sales between September 1999 and August 2020 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 May 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 20 MORESBY ROAD?

20 MORESBY ROAD is 89m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% 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 MORESBY ROAD lies on this distribution: 18% of detached houses are smaller than 20 MORESBY ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

20 MORESBY ROAD: Plot and Title Map

20 MORESBY ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 20 MORESBY ROAD, 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 MORESBY ROAD). 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 MORESBY ROAD?

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