3, EGREMONT WAY, CRAMLINGTON, NE23 3GH - £250,000

3 EGREMONT WAY is a large detached house of 126m², built sometime between 1983 and 1990. It was last sold for £250,000 in October 2013, which was around 7% above the average October 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

3 EGREMONT WAY Sold Prices

Land registry data shows three sales for 3 EGREMONT 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 3 EGREMONT WAY 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
2013 10 OCT	£250,000	£234,263	7% above HPI
2002 10 MAY	£172,000	£121,392	42% above HPI
1997 24 OCT	£103,700	£87,507	19% above HPI

3 EGREMONT 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 3 EGREMONT WAY sales between October 1997 and October 2013 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 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2013 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 3 EGREMONT WAY?

3 EGREMONT WAY is 126m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 3 EGREMONT WAY lies on this distribution: 68% of detached houses are smaller than 3 EGREMONT WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

3 EGREMONT WAY: Plot and Title Map

3 EGREMONT WAY sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 3 EGREMONT 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 3 EGREMONT 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 3 EGREMONT WAY?

3 EGREMONT WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 3 on EGREMONT WAY.