8, KELSEY WAY, CRAMLINGTON, NE23 3QD - £315,000

8 KELSEY WAY is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £315,000 in October 2018, which was around 20% above the average October 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

8 KELSEY WAY Sold Prices

Land registry data shows two sales for 8 KELSEY 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 8 KELSEY 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
2018 26 OCT	£315,000	£261,980	20% above HPI
2001 9 JUL	£116,000	£110,740	5% above HPI

8 KELSEY 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 8 KELSEY WAY sales from July 2001 and October 2018 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 July 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 8 KELSEY WAY?

8 KELSEY WAY is 120m² according to the EPC inspection conducted in May 2018. 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 8 KELSEY WAY lies on this distribution: 61% of detached houses are smaller than 8 KELSEY WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

8 KELSEY WAY: Plot and Title Map

8 KELSEY WAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 8 KELSEY 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 8 KELSEY 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 8 KELSEY WAY?

8 KELSEY WAY is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 8 on KELSEY WAY.