2, CASSINI CLOSE, CRAMLINGTON, NE23 6FB - £193,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CASSINI CLOSE is a very small detached house of 83m², which could now be worth an estimated £236,934. It was last sold for £193,000 in February 2021, which was around 34% below the average February 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

2 CASSINI CLOSE Sold Prices

Land registry data shows two sales for 2 CASSINI 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. Both of the two 2 CASSINI CLOSE 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
2021 26 FEB	£193,000	£293,074	34% below HPI
2014 5 FEB	£164,995	£237,047	30% below HPI

2 CASSINI 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 2 CASSINI CLOSE sales from February 2014 and February 2021 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 February 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2 CASSINI CLOSE be worth now?

2 CASSINI CLOSE might now be worth an estimated £236,934.

This is based on house price inflation of 22.8%, between February 2021 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.8% inflationary increase is applied to the most recent sale price for 2 CASSINI CLOSE of £193,000 on 26th February 2021. For the value to have increased from £193,000 to £236,934 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 CASSINI CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2021 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CASSINI CLOSE has not materially changed since February 2021.

How Large is 2 CASSINI CLOSE?

2 CASSINI CLOSE is 83m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cramlington, and where 2 CASSINI CLOSE lies on this distribution: 11% of detached houses houses are smaller than 2 CASSINI CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

2 CASSINI CLOSE: Plot and Title Map

2 CASSINI CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 2 CASSINI 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 2 CASSINI 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 2 CASSINI CLOSE?

2 CASSINI CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 2 on CASSINI CLOSE.