7, ASHWOOD CLOSE, CRAMLINGTON, NE23 3GT - £73,000

7 ASHWOOD CLOSE is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £73,000 in December 1997, which was around 15% below the average December 1997 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

7 ASHWOOD CLOSE Sold Prices

Land registry data shows two sales for 7 ASHWOOD 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 7 ASHWOOD CLOSE 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
1997 22 DEC	£73,000	£86,202	15% below HPI
1996 30 AUG	£65,950	£85,675	23% below HPI

7 ASHWOOD 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 7 ASHWOOD CLOSE sales from August 1996 and December 1997 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 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 1997 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 ASHWOOD CLOSE?

7 ASHWOOD CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 7 ASHWOOD CLOSE lies on this distribution: 43% of detached houses are smaller than 7 ASHWOOD CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

7 ASHWOOD CLOSE: Plot and Title Map

7 ASHWOOD CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 7 ASHWOOD 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 7 ASHWOOD 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 7 ASHWOOD CLOSE?

7 ASHWOOD CLOSE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 7 on ASHWOOD CLOSE.