7, ALEXANDRA CHASE, CRAMLINGTON, NE23 6AA - £247,000

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

7 ALEXANDRA CHASE is a small extended detached house of 100m², built sometime from 2012 onwards. It was last sold for £247,000 in July 2022, which was around 20% below the average July 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

7 ALEXANDRA CHASE Sold Prices

Land registry data shows two sales for 7 ALEXANDRA CHASE 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. Both of the two 7 ALEXANDRA CHASE 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 14 JUL	£247,000	£307,775	20% below HPI
2011 25 NOV	£215,000	£234,881	8% below HPI

7 ALEXANDRA CHASE 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 7 ALEXANDRA CHASE sales from November 2011 and July 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 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 ALEXANDRA CHASE?

7 ALEXANDRA CHASE is 100m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 7 ALEXANDRA CHASE lies on this distribution: 34% of detached houses are smaller than 7 ALEXANDRA CHASE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

7 ALEXANDRA CHASE: Plot and Title Map

7 ALEXANDRA CHASE sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of 7 ALEXANDRA CHASE, 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 7 ALEXANDRA CHASE). 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 7 ALEXANDRA CHASE?

7 ALEXANDRA CHASE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 7 on ALEXANDRA CHASE.