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
41 SILVERDALE ROAD is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £195,000 in November 2020, which was around 31% below the average November 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 41 SILVERDALE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 41 SILVERDALE ROAD 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 |
---|---|---|---|
2020 27 NOV | £195,000 | £281,565 | 31% below HPI |
2015 21 AUG | £175,000 | £247,742 | 29% below HPI |
2005 5 OCT | £185,000 | £236,067 | 22% below HPI |
2000 27 OCT | £82,000 | £105,746 | 22% below HPI |
1998 11 DEC | £77,950 | £93,430 | 17% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The five 41 SILVERDALE ROAD sales between December 1998 and November 2020 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 August 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
41 SILVERDALE ROAD is 90m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 30% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 41 SILVERDALE ROAD lies on this distribution: 21% of detached houses are smaller than 41 SILVERDALE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
41 SILVERDALE ROAD sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 41 SILVERDALE ROAD, 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 41 SILVERDALE ROAD). 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.
41 SILVERDALE ROAD is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 41 on SILVERDALE ROAD.