5, FERN AVENUE, CRAMLINGTON, NE23 3GL - £181,000

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.

5 FERN AVENUE is a small extended semi-detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £224,406. It was last sold for £181,000 in January 2021, which was around 15% above the average January 2021 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

5 FERN AVENUE Sold Prices

Land registry data shows five sales for 5 FERN AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Most of the five 5 FERN 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
2021 7 JAN	£181,000	£157,481	15% above HPI
2015 30 OCT	£177,000	£138,308	28% above HPI
2008 28 AUG	£177,000	£143,016	24% above HPI
1999 9 JUL	£48,500	£51,181	5% below HPI
1996 21 NOV	£47,950	£43,548	10% above HPI

5 FERN AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The five 5 FERN AVENUE sales between November 1996 and January 2021 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 October 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 5 FERN AVENUE be worth now?

5 FERN AVENUE might now be worth an estimated £224,406.

This is based on house price inflation of 24%, between January 2021 and February 2025, for semi-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 24% inflationary increase is applied to the most recent sale price for 5 FERN AVENUE of £181,000 on 7th January 2021. For the value to have increased from £181,000 to £224,406 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 FERN AVENUE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The January 2021 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FERN AVENUE has not materially changed since January 2021.

How Large is 5 FERN AVENUE?

5 FERN AVENUE is 90m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of semi-detached houses houses in Cramlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cramlington, and where 5 FERN AVENUE lies on this distribution: 21% of semi-detached houses houses are smaller than 5 FERN AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

5 FERN AVENUE: Plot and Title Map

5 FERN AVENUE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 5 FERN 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 5 FERN 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 5 FERN AVENUE?

5 FERN AVENUE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 5 on FERN AVENUE.