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 ELLERTON WAY is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £210,000 in November 2021, which was around 28% 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.
Land registry data shows three sales for 3 ELLERTON WAY since 1st 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 3 ELLERTON WAY sales were for below the average price, whilst one 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 |
---|---|---|---|
2021 19 NOV | £210,000 | £292,739 | 28% below HPI |
2003 10 JAN | £148,000 | £145,917 | 1% above HPI |
1997 17 DEC | £69,995 | £86,202 | 19% below HPI |
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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
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 in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 3 ELLERTON WAY lies on this distribution: 11% of detached 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 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.
3 ELLERTON WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 3 on ELLERTON WAY.