3, ELLERTON WAY, CRAMLINGTON, NE23 3HX - £210,000

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.

3 ELLERTON WAY is a very small extended detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £250,055. It was last sold for £210,000 in November 2021, which was around 30% below the average November 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

3 ELLERTON WAY Sold Prices

Land registry data shows three sales for 3 ELLERTON 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. All of the three 3 ELLERTON WAY 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
2021 19 NOV	£210,000	£302,156	30% below HPI
2003 10 JAN	£148,000	£150,611	2% below HPI
1997 17 DEC	£69,995	£88,975	21% below HPI

3 ELLERTON 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 3 ELLERTON WAY sales between December 1997 and November 2021 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 January 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 ELLERTON WAY be worth now?

3 ELLERTON WAY might now be worth an estimated £250,055.

This is based on house price inflation of 19.1%, between November 2021 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 19.1% inflationary increase is applied to the most recent sale price for 3 ELLERTON WAY of £210,000 on 19th November 2021. For the value to have increased from £210,000 to £250,055 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 ELLERTON WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2021 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELLERTON WAY has not materially changed since November 2021.

How Large is 3 ELLERTON WAY?

3 ELLERTON WAY is 82m², which includes four extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% 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 3 ELLERTON WAY lies on this distribution: 11% of detached houses houses are smaller than 3 ELLERTON WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

3 ELLERTON WAY: Plot and Title Map

3 ELLERTON WAY sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 3 ELLERTON 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 3 ELLERTON 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 3 ELLERTON WAY?

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