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
81 UNDERWOOD GROVE is a very large extended detached house of 161m², built sometime between 1991 and 1995. It was last sold for £12,500 in October 2023, which was around 96% below the average October 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 81 UNDERWOOD GROVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. One of the two 81 UNDERWOOD GROVE sales was for below the average price, whilst the other 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 |
---|---|---|---|
2023 31 OCT | £12,500 | £325,881 | 96% below HPI |
2002 11 NOV | £180,000 | £142,410 | 26% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 81 UNDERWOOD GROVE sales from November 2002 and October 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 November 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2023 sale, where it falls to 96% below the HPI. The line then continues to track at 96% below the HPI.
81 UNDERWOOD GROVE is 161m², which includes two extensions, according to the EPC inspection conducted in March 2024. 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 81 UNDERWOOD GROVE lies on this distribution: 92% of detached houses are smaller than 81 UNDERWOOD GROVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Cramlington.
81 UNDERWOOD GROVE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 81 UNDERWOOD GROVE, 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 81 UNDERWOOD GROVE). 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.
81 UNDERWOOD GROVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 81 on UNDERWOOD GROVE.