4, METHVEN WAY, CRAMLINGTON, NE23 3XQ - £76,500

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.

4 METHVEN WAY is a small extended detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £256,279. It was last sold for £76,500 in February 2001, which was around 29% below the average February 2001 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

4 METHVEN WAY Sold Prices

Land registry data shows two sales for 4 METHVEN WAY 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 4 METHVEN 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
2001 5 FEB	£76,500	£107,398	29% below HPI
1999 8 APR	£66,950	£93,696	29% below HPI

4 METHVEN 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 two 4 METHVEN WAY sales from April 1999 and February 2001 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 April 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2001 sale, which was also at 29% below the HPI.

What might 4 METHVEN WAY be worth now?

4 METHVEN WAY might now be worth an estimated £256,279.

This is based on house price inflation of 235%, between February 2001 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 235% inflationary increase is applied to the most recent sale price for 4 METHVEN WAY of £76,500 on 5th February 2001. For the value to have increased from £76,500 to £256,279 over the 24 years to February 2025, the following assumptions must hold true:

• The value of 4 METHVEN WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2001 sale price of £76,500 represented a fair market value for the property.
• The size, condition, and specification of 4 METHVEN WAY has not materially changed since February 2001.

How Large is 4 METHVEN WAY?

4 METHVEN WAY is 91m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% 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 4 METHVEN WAY lies on this distribution: 22% of detached houses houses are smaller than 4 METHVEN WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

4 METHVEN WAY: Plot and Title Map

4 METHVEN WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 4 METHVEN 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 4 METHVEN 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 4 METHVEN WAY?

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