29, TAVERN CLOSE, CRAMLINGTON, NE23 8AR - £276,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

29 TAVERN CLOSE is a large detached house of 128m². It was last sold for £276,000 in November 2020, which was around 2% below the average November 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

29 TAVERN CLOSE Sold Prices

Land registry data shows two sales for 29 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 29 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
2020 13 NOV	£276,000	£281,565	2% below HPI
2015 19 NOV	£274,995	£246,479	12% above HPI

29 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 29 TAVERN CLOSE sales from November 2015 and November 2020 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 November 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 29 TAVERN CLOSE?

29 TAVERN CLOSE is 128m² according to the EPC inspection conducted in November 2015. 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 29 TAVERN CLOSE lies on this distribution: 71% of detached houses are smaller than 29 TAVERN CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

29 TAVERN CLOSE: Plot and Title Map

29 TAVERN CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 29 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 29 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 29 TAVERN CLOSE?

29 TAVERN CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 29 on TAVERN CLOSE.