46, MEGSTONE AVENUE, CRAMLINGTON, NE23 6TU - £312,000

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

46 MEGSTONE AVENUE is a midsized detached house of 112m², built sometime between 1983 and 1990. It was last sold for £312,000 in January 2014, which was around 35% above the average January 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

46 MEGSTONE AVENUE Sold Prices

Land registry data shows two sales for 46 MEGSTONE AVENUE 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 46 MEGSTONE AVENUE 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
2014 17 JAN	£312,000	£230,327	35% above HPI
1997 26 SEP	£120,000	£88,803	35% above HPI

46 MEGSTONE AVENUE 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 46 MEGSTONE AVENUE sales from September 1997 and January 2014 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 September 1997 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2014 sale, which was also at 35% above the HPI.

How Large is 46 MEGSTONE AVENUE?

46 MEGSTONE AVENUE is 112m² according to the EPC inspection conducted in January 2011. This puts it in the largest 50% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 46 MEGSTONE AVENUE lies on this distribution: 51% of detached houses are smaller than 46 MEGSTONE AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

46 MEGSTONE AVENUE: Plot and Title Map

46 MEGSTONE AVENUE sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of 46 MEGSTONE AVENUE, 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 46 MEGSTONE AVENUE). 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 46 MEGSTONE AVENUE?

46 MEGSTONE AVENUE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 46 on MEGSTONE AVENUE.