9, FAIRVILLE CLOSE, CRAMLINGTON, NE23 3GJ - £195,000

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

9 FAIRVILLE CLOSE is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £195,000 in November 2016, which was around 22% below the average November 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

9 FAIRVILLE CLOSE Sold Prices

Land registry data shows two sales for 9 FAIRVILLE CLOSE since 1^st 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 9 FAIRVILLE CLOSE 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
2016 30 NOV	£195,000	£251,069	22% below HPI
1995 26 OCT	£92,950	£78,036	19% above HPI

9 FAIRVILLE 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 two 9 FAIRVILLE CLOSE sales from October 1995 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 October 1995 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 9 FAIRVILLE CLOSE?

9 FAIRVILLE CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 30% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 9 FAIRVILLE CLOSE lies on this distribution: 74% of detached houses are smaller than 9 FAIRVILLE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

9 FAIRVILLE CLOSE: Plot and Title Map

9 FAIRVILLE CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 9 FAIRVILLE 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 9 FAIRVILLE 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 9 FAIRVILLE CLOSE?

9 FAIRVILLE CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 9 on FAIRVILLE CLOSE.