3, TAVERN CLOSE, CRAMLINGTON, NE23 8AR - £349,950

3 TAVERN CLOSE is a very large detached house of 140m², built sometime from 2012 onwards. It was last sold for £349,950 in November 2022, which was around 4% above the average November 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

3 TAVERN CLOSE Sold Prices

Land registry data shows two sales for 3 TAVERN 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 3 TAVERN CLOSE 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
2022 22 NOV	£349,950	£336,567	4% above HPI
2015 18 DEC	£294,995	£245,486	20% above HPI

3 TAVERN 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 3 TAVERN CLOSE sales from December 2015 and November 2022 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 2015 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 TAVERN CLOSE?

3 TAVERN CLOSE is 140m² according to the EPC inspection conducted in June 2022. This puts it in the largest 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 3 TAVERN CLOSE lies on this distribution: 82% of detached houses are smaller than 3 TAVERN CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

3 TAVERN CLOSE: Plot and Title Map

3 TAVERN CLOSE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 3 TAVERN 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 3 TAVERN 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 3 TAVERN CLOSE?

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