5, OULTON CLOSE, CRAMLINGTON, NE23 2YD - £69,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 OULTON CLOSE is a midsized extended detached house of 119m², built sometime between 1976 and 1982. It was last sold for £69,950 in July 2001, which was around 37% below the average July 2001 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

5 OULTON CLOSE Sold Prices

Land registry data shows two sales for 5 OULTON CLOSE 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 5 OULTON CLOSE 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 27 JUL	£69,950	£110,740	37% below HPI
1997 23 MAY	£59,000	£86,637	32% below HPI

5 OULTON 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 two 5 OULTON CLOSE sales from May 1997 and July 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 May 1997 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2001 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 OULTON CLOSE?

5 OULTON CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 40% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 5 OULTON CLOSE lies on this distribution: 60% of detached houses are smaller than 5 OULTON CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

5 OULTON CLOSE: Plot and Title Map

5 OULTON CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 5 OULTON 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 5 OULTON 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 5 OULTON CLOSE?

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