2, CRANEMARSH CLOSE, ASHINGTON, NE63 8NL - £175,000

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 CRANEMARSH CLOSE is a midsized detached house of 103m², built sometime between 1991 and 1995, which could now be worth an estimated £256,286. It was last sold for £175,000 in September 2014, which was around 29% below the average September 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

2 CRANEMARSH CLOSE Sold Prices

Land registry data shows one sale for 2 CRANEMARSH CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 11 SEP	£175,000	£245,587	29% below HPI

What might 2 CRANEMARSH CLOSE be worth now?

2 CRANEMARSH CLOSE might now be worth an estimated £256,286.

This is based on house price inflation of 46.4%, between September 2014 and April 2026, 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 46.4% inflationary increase is applied to the most recent sale price for 2 CRANEMARSH CLOSE of £175,000 on 11th September 2014. For the value to have increased from £175,000 to £256,286 over the twelve years and five months to April 2026, the following assumptions must hold true:

• The value of 2 CRANEMARSH CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2014 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CRANEMARSH CLOSE has not materially changed since September 2014.

How Large is 2 CRANEMARSH CLOSE?

2 CRANEMARSH CLOSE is 103m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 2 CRANEMARSH CLOSE lies on this distribution: 46% of detached houses are smaller than 2 CRANEMARSH CLOSE, and 54% of detached houses are larger. Note that EPC data is not available for all properties in Ashington.

2 CRANEMARSH CLOSE: Plot

2 CRANEMARSH CLOSE sits on a plot of roughly 0.090 of an acre, or 365m².

Where is 2 CRANEMARSH CLOSE?

2 CRANEMARSH CLOSE is located in ASHINGTON, in the NE63 postcode district.