20, PICKERING CLOSE, CRAMLINGTON, NE23 6QB - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 PICKERING CLOSE is a very small detached house of 80m², which could now be worth an estimated £203,093. It was last sold for £170,000 in June 2021, which was around 44% below the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

20 PICKERING CLOSE Sold Prices

Land registry data shows two sales for 20 PICKERING 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 20 PICKERING 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
2021 16 JUN	£170,000	£301,163	44% below HPI
2012 24 FEB	£149,995	£229,428	35% below HPI

20 PICKERING 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 20 PICKERING CLOSE sales from February 2012 and June 2021 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 February 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 20 PICKERING CLOSE be worth now?

20 PICKERING CLOSE might now be worth an estimated £203,093.

This is based on house price inflation of 19.5%, between June 2021 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.5% inflationary increase is applied to the most recent sale price for 20 PICKERING CLOSE of £170,000 on 16th June 2021. For the value to have increased from £170,000 to £203,093 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 20 PICKERING CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 20 PICKERING CLOSE has not materially changed since June 2021.

How Large is 20 PICKERING CLOSE?

20 PICKERING CLOSE is 80m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cramlington, and where 20 PICKERING CLOSE lies on this distribution: 8% of detached houses houses are smaller than 20 PICKERING CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

20 PICKERING CLOSE: Plot and Title Map

20 PICKERING CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 20 PICKERING 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 20 PICKERING 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 20 PICKERING CLOSE?

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