8, HALKIRK WAY, CRAMLINGTON, NE23 3FZ - £92,500

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 HALKIRK WAY is a midsized detached house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £329,879. It was last sold for £92,500 in October 1999, which was around 8% below the average October 1999 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

8 HALKIRK WAY Sold Prices

Land registry data shows three sales for 8 HALKIRK WAY 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. Two of the three 8 HALKIRK WAY sales were for below the average price, whilst one was 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
1999 15 OCT	£92,500	£100,887	8% below HPI
1999 23 JUL	£94,500	£101,180	7% below HPI
1996 23 SEP	£92,000	£88,453	4% above HPI

8 HALKIRK 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 three 8 HALKIRK WAY sales between September 1996 and October 1999 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 July 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 1999 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 8 HALKIRK WAY be worth now?

8 HALKIRK WAY might now be worth an estimated £329,879.

This is based on house price inflation of 256.6%, between October 1999 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 256.6% inflationary increase is applied to the most recent sale price for 8 HALKIRK WAY of £92,500 on 15th October 1999. For the value to have increased from £92,500 to £329,879 over the 26 years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 HALKIRK WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The October 1999 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of 8 HALKIRK WAY has not materially changed since October 1999.

How Large is 8 HALKIRK WAY?

8 HALKIRK WAY is 118m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% 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 HALKIRK WAY lies on this distribution: 59% of detached houses houses are smaller than 8 HALKIRK WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

8 HALKIRK WAY: Plot and Title Map

8 HALKIRK WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 8 HALKIRK 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 8 HALKIRK 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 8 HALKIRK WAY?

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