23, MOTCOMBE WAY, CRAMLINGTON, NE23 3XL - £168,000

23 MOTCOMBE WAY is a very small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £168,000 in March 2015, which was around 28% below the average March 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

23 MOTCOMBE WAY Sold Prices

Land registry data shows three sales for 23 MOTCOMBE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 23 MOTCOMBE WAY 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
2015 27 MAR	£168,000	£233,586	28% below HPI
2007 3 AUG	£186,500	£262,218	29% below HPI
2000 29 SEP	£81,500	£107,230	24% below HPI

23 MOTCOMBE WAY 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 three 23 MOTCOMBE WAY sales between September 2000 and March 2015 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 August 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 23 MOTCOMBE WAY?

23 MOTCOMBE WAY is 87m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 23 MOTCOMBE WAY lies on this distribution: 15% of detached houses are smaller than 23 MOTCOMBE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

23 MOTCOMBE WAY: Plot and Title Map

23 MOTCOMBE WAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 23 MOTCOMBE WAY, 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 MOTCOMBE WAY). 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 MOTCOMBE WAY?

23 MOTCOMBE WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 23 on MOTCOMBE WAY.