5, CATERAN WAY, CRAMLINGTON, NE23 6EX - £185,000

5 CATERAN WAY is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £185,000 in September 2020, which was around 32% below the average September 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

5 CATERAN WAY Sold Prices

Land registry data shows two sales for 5 CATERAN WAY 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 5 CATERAN 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
2020 14 SEP	£185,000	£272,280	32% below HPI
2010 28 JUN	£148,680	£241,256	38% below HPI

5 CATERAN 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 two 5 CATERAN WAY sales from June 2010 and September 2020 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 June 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 CATERAN WAY?

5 CATERAN WAY is 94m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 5 CATERAN WAY lies on this distribution: 25% of detached houses are smaller than 5 CATERAN WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

5 CATERAN WAY: Plot and Title Map

5 CATERAN WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 5 CATERAN 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 5 CATERAN 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 5 CATERAN WAY?

5 CATERAN WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 5 on CATERAN WAY.