7, METHVEN WAY, CRAMLINGTON, NE23 3XQ - £157,000

7 METHVEN WAY is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £157,000 in March 2002, which was around 34% above the average March 2002 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was B.

7 METHVEN WAY Sold Prices

Land registry data shows two sales for 7 METHVEN 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 7 METHVEN 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
2002 28 MAR	£157,000	£116,971	34% above HPI
1999 28 JAN	£95,950	£91,228	5% above HPI

7 METHVEN 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 7 METHVEN WAY sales from January 1999 and March 2002 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 January 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2002 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 7 METHVEN WAY?

7 METHVEN WAY is 125m² according to the EPC inspection conducted in July 2016. 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 7 METHVEN WAY lies on this distribution: 66% of detached houses are smaller than 7 METHVEN WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

7 METHVEN WAY: Plot and Title Map

7 METHVEN WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 7 METHVEN 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 7 METHVEN 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 7 METHVEN WAY?

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