8, CHEADLE AVENUE, CRAMLINGTON, NE23 3YT - £295,000

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

8 CHEADLE AVENUE is a large extended detached house of 124m², built sometime between 1991 and 1995. It was last sold for £295,000 in August 2019, which was around 13% above the average August 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

8 CHEADLE AVENUE Sold Prices

Land registry data shows four sales for 8 CHEADLE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 8 CHEADLE AVENUE sales were for above 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
2019 2 AUG	£295,000	£261,442	13% above HPI
2012 23 MAR	£249,995	£225,754	11% above HPI
2003 22 AUG	£207,000	£174,395	19% above HPI
2000 16 JUN	£115,000	£100,013	15% above HPI

8 CHEADLE AVENUE 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 four 8 CHEADLE AVENUE sales between June 2000 and August 2019 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 March 2012 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 8 CHEADLE AVENUE?

8 CHEADLE AVENUE is 124m², which includes one extension, according to the EPC inspection conducted in October 2011. 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 8 CHEADLE AVENUE lies on this distribution: 67% of detached houses are smaller than 8 CHEADLE AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

8 CHEADLE AVENUE: Plot and Title Map

8 CHEADLE AVENUE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 8 CHEADLE AVENUE, 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 8 CHEADLE AVENUE). 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 8 CHEADLE AVENUE?

8 CHEADLE AVENUE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 8 on CHEADLE AVENUE.