98, RINGWOOD DRIVE, CRAMLINGTON, NE23 1NP - £208,000

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

98 RINGWOOD DRIVE is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £208,000 in June 2020, which was around 20% below the average June 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

98 RINGWOOD DRIVE Sold Prices

Land registry data shows two sales for 98 RINGWOOD DRIVE 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. Both of the two 98 RINGWOOD DRIVE 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
2020 4 JUN	£208,000	£259,207	20% below HPI
2006 10 MAR	£180,000	£230,579	22% below HPI

98 RINGWOOD 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 two 98 RINGWOOD DRIVE sales from March 2006 and June 2020 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 March 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 98 RINGWOOD DRIVE?

98 RINGWOOD DRIVE is 105m², which includes three extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 98 RINGWOOD DRIVE lies on this distribution: 38% of detached houses are smaller than 98 RINGWOOD DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

98 RINGWOOD DRIVE: Plot and Title Map

98 RINGWOOD DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 98 RINGWOOD 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 98 RINGWOOD 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 98 RINGWOOD DRIVE?

98 RINGWOOD DRIVE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 98 on RINGWOOD DRIVE.