6, SELBORNE CLOSE, CRAMLINGTON, NE23 8HL - £130,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 SELBORNE CLOSE is a very small semi-detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £160,116. It was last sold for £130,000 in February 2021, which was around 18% below the average February 2021 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

6 SELBORNE CLOSE Sold Prices

Land registry data shows three sales for 6 SELBORNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the three 6 SELBORNE CLOSE sales were 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
2021 25 FEB	£130,000	£158,523	18% below HPI
2013 29 NOV	£125,000	£127,600	2% below HPI
2004 11 OCT	£118,500	£123,979	4% below HPI

6 SELBORNE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 6 SELBORNE CLOSE sales between October 2004 and February 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 November 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 6 SELBORNE CLOSE be worth now?

6 SELBORNE CLOSE might now be worth an estimated £160,116.

This is based on house price inflation of 23.2%, between February 2021 and February 2025, for semi-detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.2% inflationary increase is applied to the most recent sale price for 6 SELBORNE CLOSE of £130,000 on 25th February 2021. For the value to have increased from £130,000 to £160,116 over the four years to February 2025, the following assumptions must hold true:

• The value of 6 SELBORNE CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The February 2021 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SELBORNE CLOSE has not materially changed since February 2021.

How Large is 6 SELBORNE CLOSE?

6 SELBORNE CLOSE is 74m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of semi-detached houses houses in Cramlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cramlington, and where 6 SELBORNE CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 6 SELBORNE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

6 SELBORNE CLOSE: Plot and Title Map

6 SELBORNE CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 6 SELBORNE 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 SELBORNE 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.

Where is 6 SELBORNE CLOSE?

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