3, BOWMONT DRIVE, CRAMLINGTON, NE23 2SP - £195,000

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

3 BOWMONT DRIVE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £195,000 in June 2017, which was around 22% below the average June 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

3 BOWMONT DRIVE Sold Prices

Land registry data shows three sales for 3 BOWMONT DRIVE 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. All of the three 3 BOWMONT DRIVE sales were 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
2017 16 JUN	£195,000	£250,125	22% below HPI
2000 25 AUG	£86,500	£103,766	17% below HPI
1995 20 SEP	£46,000	£79,968	42% below HPI

3 BOWMONT DRIVE 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 3 BOWMONT DRIVE sales between September 1995 and June 2017 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 August 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 BOWMONT DRIVE?

3 BOWMONT DRIVE is 71m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 3 BOWMONT DRIVE lies on this distribution: 3% of detached houses are smaller than 3 BOWMONT DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

3 BOWMONT DRIVE: Plot and Title Map

3 BOWMONT DRIVE sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 3 BOWMONT DRIVE, 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 3 BOWMONT DRIVE). 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 3 BOWMONT DRIVE?

3 BOWMONT DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 3 on BOWMONT DRIVE.