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
50 HAZELMERE CRESCENT is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £155,000 in October 2014, which was around 35% below the average October 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 50 HAZELMERE CRESCENT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 50 HAZELMERE CRESCENT 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 |
---|---|---|---|
2014 16 OCT | £155,000 | £238,674 | 35% below HPI |
2014 31 JAN | £124,500 | £230,327 | 46% below HPI |
1995 27 JAN | £52,000 | £80,797 | 36% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 50 HAZELMERE CRESCENT sales between January 1995 and October 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 January 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
50 HAZELMERE CRESCENT is 83m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 50 HAZELMERE CRESCENT lies on this distribution: 11% of detached houses are smaller than 50 HAZELMERE CRESCENT, and 88% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
50 HAZELMERE CRESCENT sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 50 HAZELMERE CRESCENT, 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 50 HAZELMERE CRESCENT). 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.
50 HAZELMERE CRESCENT is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 50 on HAZELMERE CRESCENT.