2, CRANHAM CLOSE, NEWCASTLE UPON TYNE, NE12 6FU - £120,000

2 CRANHAM CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £120,000 in November 2002, which was around 18% below the average November 2002 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

2 CRANHAM CLOSE Sold Prices

Land registry data shows two sales for 2 CRANHAM 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 North Tyneside local authority area for the corresponding sale date. Both of the two 2 CRANHAM 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
2002 28 NOV	£120,000	£146,257	18% below HPI
1999 26 MAR	£67,250	£84,560	20% below HPI

2 CRANHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 2 CRANHAM CLOSE sales from March 1999 and November 2002 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 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2002 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 CRANHAM CLOSE?

2 CRANHAM CLOSE is 66m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Killingworth, and where 2 CRANHAM CLOSE lies on this distribution: 7% of detached houses are smaller than 2 CRANHAM CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

2 CRANHAM CLOSE: Plot and Title Map

2 CRANHAM CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 2 CRANHAM 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 CRANHAM 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 CRANHAM CLOSE?

2 CRANHAM CLOSE is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 2 on CRANHAM CLOSE.