8, RIPLEY DRIVE, CRAMLINGTON, NE23 7XA - £500,000

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

8 RIPLEY DRIVE is a very large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £500,000 in March 2023, which was around 58% above the average March 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.

8 RIPLEY DRIVE Sold Prices

Land registry data shows four sales for 8 RIPLEY DRIVE 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. The four 8 RIPLEY DRIVE sales were a mix of above the average price, and roughly equal to 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
2023 17 MAR	£500,000	£315,492	58% above HPI
2009 12 JUN	£268,000	£227,845	18% above HPI
2004 6 AUG	£265,000	£211,589	25% above HPI
2001 9 APR	£103,500	£104,000	Close to HPI

8 RIPLEY 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 four 8 RIPLEY DRIVE sales between April 2001 and March 2023 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 June 2009 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2023 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 8 RIPLEY DRIVE?

8 RIPLEY DRIVE is 172m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% 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 RIPLEY DRIVE lies on this distribution: 95% of detached houses are smaller than 8 RIPLEY DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

8 RIPLEY DRIVE: Plot and Title Map

8 RIPLEY DRIVE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 8 RIPLEY 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 8 RIPLEY 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 8 RIPLEY DRIVE?

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