60, OAKLEY DRIVE, CRAMLINGTON, NE23 2YF - £282,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

60 OAKLEY DRIVE is a very large extended detached house of 150m², built sometime between 1976 and 1982, which could now be worth an estimated £329,069. It was last sold for £282,500 in April 2022, which was around 9% below the average April 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

60 OAKLEY DRIVE Sold Prices

Land registry data shows three sales for 60 OAKLEY DRIVE 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 60 OAKLEY DRIVE 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
2022 13 APR	£282,500	£308,873	9% below HPI
2019 23 APR	£227,500	£258,121	12% below HPI
1998 14 AUG	£68,200	£94,745	28% below HPI

60 OAKLEY DRIVE 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 60 OAKLEY DRIVE sales between August 1998 and April 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 April 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 60 OAKLEY DRIVE be worth now?

60 OAKLEY DRIVE might now be worth an estimated £329,069.

This is based on house price inflation of 16.5%, between April 2022 and February 2025, for 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 16.5% inflationary increase is applied to the most recent sale price for 60 OAKLEY DRIVE of £282,500 on 13th April 2022. For the value to have increased from £282,500 to £329,069 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 60 OAKLEY DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2022 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 60 OAKLEY DRIVE has not materially changed since April 2022.

How Large is 60 OAKLEY DRIVE?

60 OAKLEY DRIVE is 150m², which includes three extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cramlington, and where 60 OAKLEY DRIVE lies on this distribution: 89% of detached houses houses are smaller than 60 OAKLEY DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

60 OAKLEY DRIVE: Plot and Title Map

60 OAKLEY DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 60 OAKLEY DRIVE, 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 60 OAKLEY DRIVE). 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 60 OAKLEY DRIVE?

60 OAKLEY DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 60 on OAKLEY DRIVE.