7, SPILSBY CRESCENT, ST. NICHOLAS MANOR, CRAMLINGTON, NE23 1AT - £250,000

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

7 SPILSBY CRESCENT is a small detached house of 96m². It was last sold for £250,000 in January 2022, which was around 15% below the average January 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

7 SPILSBY CRESCENT Sold Prices

Land registry data shows two sales for 7 SPILSBY CRESCENT 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 SPILSBY CRESCENT 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 31 JAN	£250,000	£293,648	15% below HPI
2019 28 FEB	£232,995	£253,205	8% below HPI

7 SPILSBY CRESCENT 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 SPILSBY CRESCENT sales from February 2019 and January 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 February 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 SPILSBY CRESCENT?

7 SPILSBY CRESCENT is 96m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% 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 SPILSBY CRESCENT lies on this distribution: 27% of detached houses are smaller than 7 SPILSBY CRESCENT, and 71% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

7 SPILSBY CRESCENT: Plot and Title Map

7 SPILSBY CRESCENT sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 7 SPILSBY CRESCENT, 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 SPILSBY CRESCENT). 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 SPILSBY CRESCENT?

7 SPILSBY CRESCENT is located in ST. NICHOLAS MANOR, in the NE23 postcode district. The below map shows the position of No. 7 on SPILSBY CRESCENT.