8, TORCROSS WAY, CRAMLINGTON, NE23 1PF - £236,000

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 TORCROSS WAY is a midsized detached house of 119m², built sometime between 1967 and 1975. It was last sold for £236,000 in December 2017, which was around 7% below the average December 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

8 TORCROSS WAY Sold Prices

Land registry data shows three sales for 8 TORCROSS 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. All of the three 8 TORCROSS WAY 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
2017 8 DEC	£236,000	£255,103	7% below HPI
2014 3 SEP	£200,000	£237,933	16% below HPI
1996 20 SEP	£75,500	£85,697	12% below HPI

8 TORCROSS 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 TORCROSS WAY sales between September 1996 and December 2017 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 September 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 TORCROSS WAY?

8 TORCROSS WAY is 119m² according to the EPC inspection conducted in March 2014. 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 TORCROSS WAY lies on this distribution: 60% of detached houses are smaller than 8 TORCROSS WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

8 TORCROSS WAY: Plot and Title Map

8 TORCROSS WAY sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 8 TORCROSS 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 TORCROSS 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 TORCROSS WAY?

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