3, CRAGLEAS, HOBSON, NEWCASTLE UPON TYNE, NE16 6EH - £250,500

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.

3 CRAGLEAS is a very large semi-detached house of 135m², built sometime between 2003 and 2006, which could now be worth an estimated £274,532. It was last sold for £250,500 in March 2024, which was around 102% above the average March 2024 semi-detached price in the County Durham 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.

3 CRAGLEAS Sold Prices

Land registry data shows three sales for 3 CRAGLEAS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 3 CRAGLEAS sales were for above 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
2024 27 MAR	£250,500	£124,241	102% above HPI
2013 20 DEC	£160,000	£92,144	74% above HPI
2007 20 SEP	£179,950	£115,680	56% above HPI

3 CRAGLEAS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 3 CRAGLEAS sales between September 2007 and March 2024 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 2013 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the March 2024 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

What might 3 CRAGLEAS be worth now?

3 CRAGLEAS might now be worth an estimated £274,532.

This is based on house price inflation of 9.6%, between March 2024 and February 2025, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% inflationary increase is applied to the most recent sale price for 3 CRAGLEAS of £250,500 on 27th March 2024. For the value to have increased from £250,500 to £274,532 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 3 CRAGLEAS has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The March 2024 sale price of £250,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CRAGLEAS has not materially changed since March 2024.

How Large is 3 CRAGLEAS?

3 CRAGLEAS is 135m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of semi-detached houses houses in Hobson, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hobson, and where 3 CRAGLEAS lies on this distribution: 86% of semi-detached houses houses are smaller than 3 CRAGLEAS, and 11% of houses are larger. Note that EPC data is not available for all properties in Hobson.

3 CRAGLEAS: Plot and Title Map

3 CRAGLEAS sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 3 CRAGLEAS, 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 3 CRAGLEAS). 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 3 CRAGLEAS?

3 CRAGLEAS is located in HOBSON, in the NE16 postcode district. The below map shows the position of No. 3 on CRAGLEAS.