30, GRESHAM CLOSE, CRAMLINGTON, NE23 6EJ - £208,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

30 GRESHAM CLOSE is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £208,500 in July 2022, which was around 32% below the average July 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

30 GRESHAM CLOSE Sold Prices

Land registry data shows two sales for 30 GRESHAM 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. Both of the two 30 GRESHAM CLOSE 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
2022 1 JUL	£208,500	£307,775	32% below HPI
2021 23 JUL	£150,000	£290,861	48% below HPI

30 GRESHAM 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 30 GRESHAM CLOSE sales from July 2021 and July 2022 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 July 2021 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 30 GRESHAM CLOSE?

30 GRESHAM CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 30 GRESHAM CLOSE lies on this distribution: 3% of detached houses are smaller than 30 GRESHAM CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

30 GRESHAM CLOSE: Plot and Title Map

30 GRESHAM CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 30 GRESHAM 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 30 GRESHAM 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 30 GRESHAM CLOSE?

30 GRESHAM CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 30 on GRESHAM CLOSE.