27, CARLBY WAY, CRAMLINGTON, NE23 3YU - £345,000

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

27 CARLBY WAY is a midsized extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £345,000 in January 2023, which was around 7% above the average January 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

27 CARLBY WAY Sold Prices

Land registry data shows three sales for 27 CARLBY 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 27 CARLBY WAY sales were for above the average price, whilst one 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
2023 26 JAN	£345,000	£321,320	7% above HPI
2002 26 JUL	£145,000	£130,334	11% above HPI
1997 30 JUL	£83,500	£88,200	5% below HPI

27 CARLBY 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 27 CARLBY WAY sales between July 1997 and January 2023 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 July 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2023 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 27 CARLBY WAY?

27 CARLBY WAY is 115m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 27 CARLBY WAY lies on this distribution: 55% of detached houses are smaller than 27 CARLBY WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

27 CARLBY WAY: Plot and Title Map

27 CARLBY WAY sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 27 CARLBY 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 27 CARLBY 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 27 CARLBY WAY?

27 CARLBY WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 27 on CARLBY WAY.