23, TORCROSS WAY, CRAMLINGTON, NE23 1PG - £240,000

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

23 TORCROSS WAY is a large detached house of 131m², built sometime between 1976 and 1982. It was last sold for £240,000 in June 2016, which was about the average June 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

23 TORCROSS WAY Sold Prices

Land registry data shows two sales for 23 TORCROSS 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. One of the two 23 TORCROSS WAY sales was roughly equal to the average price, whilst the other was 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
2016 24 JUN	£240,000	£240,792	Close to HPI
1997 19 SEP	£82,000	£88,803	8% below HPI

23 TORCROSS 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 23 TORCROSS WAY sales from September 1997 and June 2016 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 September 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 23 TORCROSS WAY?

23 TORCROSS WAY is 131m² according to the EPC inspection conducted in April 2016. This puts it in the largest 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 23 TORCROSS WAY lies on this distribution: 74% of detached houses are smaller than 23 TORCROSS WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

23 TORCROSS WAY: Plot and Title Map

23 TORCROSS WAY sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 23 TORCROSS 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 23 TORCROSS 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 23 TORCROSS WAY?

23 TORCROSS WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 23 on TORCROSS WAY.