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
6 FAIRVILLE CLOSE is a very large extended detached house of 226m², built sometime between 1983 and 1990. It was last sold for £277,500 in July 2005, which was around 22% above the average July 2005 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 6 FAIRVILLE CLOSE 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 6 FAIRVILLE CLOSE 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 |
---|---|---|---|
2005 29 JUL | £277,500 | £226,792 | 22% above HPI |
2001 6 JUL | £124,000 | £110,740 | 12% above HPI |
1996 4 JUL | £92,950 | £83,384 | 11% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 6 FAIRVILLE CLOSE sales between July 1996 and July 2005 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 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2005 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
6 FAIRVILLE CLOSE is 226m², which includes three extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 6 FAIRVILLE CLOSE lies on this distribution: 99% of detached houses are smaller than 6 FAIRVILLE CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
6 FAIRVILLE CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 6 FAIRVILLE 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 6 FAIRVILLE 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.
6 FAIRVILLE CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 6 on FAIRVILLE CLOSE.