73, RINGWOOD DRIVE, CRAMLINGTON, NE23 1NF - £265,000

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

73 RINGWOOD DRIVE is a midsized extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £265,000 in January 2021, which was around 7% below the average January 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

73 RINGWOOD DRIVE Sold Prices

Land registry data shows two sales for 73 RINGWOOD DRIVE 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 73 RINGWOOD 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
2021 27 JAN	£265,000	£283,795	7% below HPI
2006 25 AUG	£190,000	£242,168	22% below HPI

73 RINGWOOD 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 two 73 RINGWOOD DRIVE sales from August 2006 and January 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 August 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 73 RINGWOOD DRIVE?

73 RINGWOOD DRIVE is 111m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 50% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 73 RINGWOOD DRIVE lies on this distribution: 45% of detached houses are smaller than 73 RINGWOOD DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

73 RINGWOOD DRIVE: Plot and Title Map

73 RINGWOOD DRIVE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 73 RINGWOOD 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 73 RINGWOOD 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 73 RINGWOOD DRIVE?

73 RINGWOOD DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 73 on RINGWOOD DRIVE.