6, GLAZEBURY WAY, CRAMLINGTON, NE23 3LD - £340,000

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

6 GLAZEBURY WAY is a very large extended detached house of 158m², built sometime between 1996 and 2002. It was last sold for £340,000 in July 2021, which was around 17% above the average July 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

6 GLAZEBURY WAY Sold Prices

Land registry data shows three sales for 6 GLAZEBURY WAY since 1^st 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 GLAZEBURY WAY 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
2021 27 JUL	£340,000	£290,861	17% above HPI
2002 12 JUL	£199,950	£130,334	53% above HPI
2001 18 MAY	£135,995	£106,464	28% above HPI

6 GLAZEBURY 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 three 6 GLAZEBURY WAY sales between May 2001 and July 2021 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 2002 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 6 GLAZEBURY WAY?

6 GLAZEBURY WAY is 158m², which includes one extension, according to the EPC inspection conducted in March 2014. 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 GLAZEBURY WAY lies on this distribution: 91% of detached houses are smaller than 6 GLAZEBURY WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

6 GLAZEBURY WAY: Plot and Title Map

6 GLAZEBURY WAY sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 6 GLAZEBURY 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 6 GLAZEBURY 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 6 GLAZEBURY WAY?

6 GLAZEBURY WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 6 on GLAZEBURY WAY.