23, CRANHAM CLOSE, NEWCASTLE UPON TYNE, NE12 6FU - £197,000

23 CRANHAM CLOSE is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £197,000 in January 2016, which was around 24% below the average January 2016 detached price in the North Tyneside local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

23 CRANHAM CLOSE Sold Prices

Land registry data shows two sales for 23 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 23 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
2016 28 JAN	£197,000	£259,786	24% below HPI
1995 19 MAY	£65,500	£76,474	14% below HPI

23 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 23 CRANHAM CLOSE sales from May 1995 and January 2016 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 May 1995 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 23 CRANHAM CLOSE?

23 CRANHAM CLOSE is 62m² according to the EPC inspection conducted in November 2013. 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 23 CRANHAM CLOSE lies on this distribution: 4% of detached houses are smaller than 23 CRANHAM CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

23 CRANHAM CLOSE: Plot and Title Map

23 CRANHAM CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 23 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 23 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 23 CRANHAM CLOSE?

23 CRANHAM CLOSE is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 23 on CRANHAM CLOSE.