7, PLAISTOW WAY, CRAMLINGTON, NE23 3TY - £249,500

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 PLAISTOW WAY is a large extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £249,500 in April 2008, which was around 5% below the average April 2008 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

7 PLAISTOW WAY Sold Prices

Land registry data shows two sales for 7 PLAISTOW WAY 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 PLAISTOW WAY 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
2008 4 APR	£249,500	£261,691	5% below HPI
1996 30 AUG	£58,000	£85,675	32% below HPI

7 PLAISTOW 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 two 7 PLAISTOW WAY sales from August 1996 and April 2008 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 August 1996 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2008 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 7 PLAISTOW WAY?

7 PLAISTOW WAY is 122m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 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 PLAISTOW WAY lies on this distribution: 62% of detached houses are smaller than 7 PLAISTOW WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

7 PLAISTOW WAY: Plot and Title Map

7 PLAISTOW WAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 7 PLAISTOW 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 7 PLAISTOW 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 7 PLAISTOW WAY?

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