4, COLBURY CLOSE, CRAMLINGTON, NE23 3YX - £350,000

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

4 COLBURY CLOSE is a very large extended detached house of 186m², built sometime between 1991 and 1995. It was last sold for £350,000 in July 2016, which was around 41% above the average July 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

4 COLBURY CLOSE Sold Prices

Land registry data shows three sales for 4 COLBURY CLOSE 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 4 COLBURY CLOSE sales were 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
2016 11 JUL	£350,000	£248,789	41% above HPI
2006 15 DEC	£375,000	£246,253	52% above HPI
1997 26 SEP	£114,000	£88,803	28% above HPI

4 COLBURY 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 three 4 COLBURY CLOSE sales between September 1997 and July 2016 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 December 2006 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the July 2016 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 4 COLBURY CLOSE?

4 COLBURY CLOSE is 186m², which includes four extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 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 4 COLBURY CLOSE lies on this distribution: 97% of detached houses are smaller than 4 COLBURY CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

4 COLBURY CLOSE: Plot and Title Map

4 COLBURY CLOSE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 4 COLBURY 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 4 COLBURY 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 4 COLBURY CLOSE?

4 COLBURY CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 4 on COLBURY CLOSE.