58, TORCROSS WAY, CRAMLINGTON, NE23 1PF - £299,950

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

58 TORCROSS WAY is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £299,950 in February 2022, which was around 2% above the average February 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

58 TORCROSS WAY Sold Prices

Land registry data shows two sales for 58 TORCROSS WAY 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. One of the two 58 TORCROSS WAY sales was for above the average price, whilst the other was 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
2022 2 FEB	£299,950	£294,036	2% above HPI
2019 29 NOV	£160,000	£254,611	37% below HPI

58 TORCROSS WAY 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 58 TORCROSS WAY sales from November 2019 and February 2022 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 November 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 58 TORCROSS WAY?

58 TORCROSS WAY is 91m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 58 TORCROSS WAY lies on this distribution: 22% of detached houses are smaller than 58 TORCROSS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

58 TORCROSS WAY: Plot and Title Map

58 TORCROSS WAY sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 58 TORCROSS WAY, 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 58 TORCROSS WAY). 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 58 TORCROSS WAY?

58 TORCROSS WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 58 on TORCROSS WAY.