3, HORTON DRIVE, CRAMLINGTON, NE23 3QS - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HORTON DRIVE is a small extended detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £277,886. It was last sold for £250,000 in May 2023, which was around 23% below the average May 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

3 HORTON DRIVE Sold Prices

Land registry data shows three sales for 3 HORTON 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 HORTON 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
2023 19 MAY	£250,000	£323,684	23% below HPI
2005 25 NOV	£193,000	£242,438	20% below HPI
1997 10 JUL	£77,950	£91,037	14% below HPI

3 HORTON 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 HORTON DRIVE sales between July 1997 and May 2023 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 HORTON DRIVE be worth now?

3 HORTON DRIVE might now be worth an estimated £277,886.

This is based on house price inflation of 11.2%, between May 2023 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 11.2% inflationary increase is applied to the most recent sale price for 3 HORTON DRIVE of £250,000 on 19th May 2023. For the value to have increased from £250,000 to £277,886 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 3 HORTON DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HORTON DRIVE has not materially changed since May 2023.

How Large is 3 HORTON DRIVE?

3 HORTON DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 HORTON DRIVE lies on this distribution: 34% of detached houses houses are smaller than 3 HORTON DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

3 HORTON DRIVE: Plot and Title Map

3 HORTON DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 3 HORTON 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 HORTON 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 HORTON DRIVE?

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