56, UNDERWOOD GROVE, CRAMLINGTON, NE23 3UT - £299,000

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

56 UNDERWOOD GROVE is a very small extended detached house of 83m², built sometime between 1976 and 1982. It was last sold for £299,000 in May 2018, which was around 16% above the average May 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

56 UNDERWOOD GROVE Sold Prices

Land registry data shows two sales for 56 UNDERWOOD GROVE 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 56 UNDERWOOD GROVE 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
2018 23 MAY	£299,000	£258,285	16% above HPI
2004 28 JUL	£220,000	£205,747	7% above HPI

56 UNDERWOOD GROVE 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 56 UNDERWOOD GROVE sales from July 2004 and May 2018 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 July 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2018 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 56 UNDERWOOD GROVE?

56 UNDERWOOD GROVE is 83m², which includes one extension, according to the EPC inspection conducted in February 2018. 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 56 UNDERWOOD GROVE lies on this distribution: 11% of detached houses are smaller than 56 UNDERWOOD GROVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

56 UNDERWOOD GROVE: Plot and Title Map

56 UNDERWOOD GROVE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 56 UNDERWOOD GROVE, 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 56 UNDERWOOD GROVE). 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 56 UNDERWOOD GROVE?

56 UNDERWOOD GROVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 56 on UNDERWOOD GROVE.