21, MOTCOMBE WAY, CRAMLINGTON, NE23 3XL - £175,000

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

21 MOTCOMBE WAY is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £175,000 in August 2007, which was around 33% below the average August 2007 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

21 MOTCOMBE WAY Sold Prices

Land registry data shows three sales for 21 MOTCOMBE WAY 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. Two of the three 21 MOTCOMBE WAY sales were for below the average price, whilst one was 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
2007 28 AUG	£175,000	£262,218	33% below HPI
2003 14 MAR	£161,000	£143,589	12% above HPI
2000 15 DEC	£81,500	£102,267	20% below HPI

21 MOTCOMBE 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 three 21 MOTCOMBE WAY sales between December 2000 and August 2007 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 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2007 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 21 MOTCOMBE WAY?

21 MOTCOMBE WAY is 92m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 30% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 21 MOTCOMBE WAY lies on this distribution: 24% of detached houses are smaller than 21 MOTCOMBE WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

21 MOTCOMBE WAY: Plot and Title Map

21 MOTCOMBE WAY sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 21 MOTCOMBE 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 21 MOTCOMBE 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 21 MOTCOMBE WAY?

21 MOTCOMBE WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 21 on MOTCOMBE WAY.