55, MERGANSER CRESCENT, BARLEY MEADOWS, CRAMLINGTON, NE23 6FF - £440,000

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

55 MERGANSER CRESCENT is a very large detached house of 141m². It was last sold for £440,000 in October 2023, which was around 35% above the average October 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

55 MERGANSER CRESCENT Sold Prices

Land registry data shows two sales for 55 MERGANSER CRESCENT 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 55 MERGANSER CRESCENT 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
2023 18 OCT	£440,000	£325,881	35% above HPI
2018 20 DEC	£317,950	£255,260	25% above HPI

55 MERGANSER CRESCENT 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 55 MERGANSER CRESCENT sales from December 2018 and October 2023 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 December 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2023 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 55 MERGANSER CRESCENT?

55 MERGANSER CRESCENT is 141m² according to the EPC inspection conducted in December 2018. This puts it in the largest 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 55 MERGANSER CRESCENT lies on this distribution: 83% of detached houses are smaller than 55 MERGANSER CRESCENT, and 16% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

55 MERGANSER CRESCENT: Plot and Title Map

55 MERGANSER CRESCENT sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 55 MERGANSER 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 55 MERGANSER 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.

Where is 55 MERGANSER CRESCENT?

55 MERGANSER CRESCENT is located in BARLEY MEADOWS, in the NE23 postcode district. The below map shows the position of No. 55 on MERGANSER CRESCENT.