2, GAIRLOCH CLOSE, CRAMLINGTON, NE23 3LJ - £210,334

2 GAIRLOCH CLOSE is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £210,334 in July 2012, which was around 8% below the average July 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

2 GAIRLOCH CLOSE Sold Prices

Land registry data shows two sales for 2 GAIRLOCH 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 GAIRLOCH 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
2012 20 JUL	£210,334	£228,477	8% below HPI
2000 1 DEC	£94,950	£102,267	7% below HPI

2 GAIRLOCH 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 GAIRLOCH CLOSE sales from December 2000 and July 2012 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 December 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 GAIRLOCH CLOSE?

2 GAIRLOCH CLOSE is 131m² according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 2 GAIRLOCH CLOSE lies on this distribution: 77% of detached houses are smaller than 2 GAIRLOCH CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

2 GAIRLOCH CLOSE: Plot and Title Map

2 GAIRLOCH CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 2 GAIRLOCH 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 GAIRLOCH 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 GAIRLOCH CLOSE?

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