1, PINEWOOD AVENUE, CRAMLINGTON, NE23 3TX - £307,500

1 PINEWOOD AVENUE is a large extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £307,500 in September 2022, which was around 8% below the average September 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

1 PINEWOOD AVENUE Sold Prices

Land registry data shows four sales for 1 PINEWOOD AVENUE 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. All of the four 1 PINEWOOD AVENUE 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
2022 30 SEP	£307,500	£334,071	8% below HPI
2017 28 JUL	£242,000	£251,182	4% below HPI
2017 22 FEB	£5,500	£247,381	98% below HPI
2012 9 JAN	£200,000	£221,635	10% below HPI

1 PINEWOOD AVENUE 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 1 PINEWOOD AVENUE sales between January 2012 and September 2022 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 July 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1 PINEWOOD AVENUE?

1 PINEWOOD AVENUE is 127m², which includes two extensions, according to the EPC inspection conducted in August 2022. 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 1 PINEWOOD AVENUE lies on this distribution: 69% of detached houses are smaller than 1 PINEWOOD AVENUE, and 30% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

1 PINEWOOD AVENUE: Plot and Title Map

1 PINEWOOD AVENUE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 1 PINEWOOD AVENUE, 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 1 PINEWOOD AVENUE). 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 1 PINEWOOD AVENUE?

1 PINEWOOD AVENUE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 1 on PINEWOOD AVENUE.