28, TAVERN CLOSE, CRAMLINGTON, NE23 8AR - £335,000

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.

28 TAVERN CLOSE is a large detached house of 128m², which could now be worth an estimated £345,400. It was last sold for £335,000 in September 2024, which was around 4% below the average September 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was B.

28 TAVERN CLOSE Sold Prices

Land registry data shows two sales for 28 TAVERN 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. One of the two 28 TAVERN CLOSE sales was for below the average price, whilst the other 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
2024 27 SEP	£335,000	£348,956	4% below HPI
2015 9 OCT	£294,995	£258,209	14% above HPI

28 TAVERN 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 28 TAVERN CLOSE sales from October 2015 and September 2024 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 October 2015 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2024 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 28 TAVERN CLOSE be worth now?

28 TAVERN CLOSE might now be worth an estimated £345,400.

This is based on house price inflation of 3.1%, between September 2024 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 3.1% inflationary increase is applied to the most recent sale price for 28 TAVERN CLOSE of £335,000 on 27th September 2024. For the value to have increased from £335,000 to £345,400 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 28 TAVERN CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2024 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 28 TAVERN CLOSE has not materially changed since September 2024.

How Large is 28 TAVERN CLOSE?

28 TAVERN CLOSE is 128m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% 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 28 TAVERN CLOSE lies on this distribution: 72% of detached houses houses are smaller than 28 TAVERN CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

28 TAVERN CLOSE: Plot and Title Map

28 TAVERN CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 28 TAVERN 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 28 TAVERN 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 28 TAVERN CLOSE?

28 TAVERN CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 28 on TAVERN CLOSE.