8, GOLDTHORPE CLOSE, CRAMLINGTON, NE23 3LL - £209,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 GOLDTHORPE CLOSE is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £290,168. It was last sold for £209,000 in November 2016, which was around 19% below the average November 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

8 GOLDTHORPE CLOSE Sold Prices

Land registry data shows three sales for 8 GOLDTHORPE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 8 GOLDTHORPE CLOSE 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
2016 21 NOV	£209,000	£259,146	19% below HPI
2009 30 APR	£185,000	£227,136	19% below HPI
2000 26 MAY	£80,995	£105,945	24% below HPI

8 GOLDTHORPE CLOSE 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 three 8 GOLDTHORPE CLOSE sales between May 2000 and November 2016 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 April 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2016 sale, which was also at 19% below the HPI.

What might 8 GOLDTHORPE CLOSE be worth now?

8 GOLDTHORPE CLOSE might now be worth an estimated £290,168.

This is based on house price inflation of 38.8%, between November 2016 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.8% inflationary increase is applied to the most recent sale price for 8 GOLDTHORPE CLOSE of £209,000 on 21st November 2016. For the value to have increased from £209,000 to £290,168 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 GOLDTHORPE CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2016 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GOLDTHORPE CLOSE has not materially changed since November 2016.

How Large is 8 GOLDTHORPE CLOSE?

8 GOLDTHORPE CLOSE is 78m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cramlington, and where 8 GOLDTHORPE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 8 GOLDTHORPE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

8 GOLDTHORPE CLOSE: Plot and Title Map

8 GOLDTHORPE CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 8 GOLDTHORPE CLOSE, 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 GOLDTHORPE CLOSE). 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 GOLDTHORPE CLOSE?

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