8, WARWICK CLOSE, SEGHILL, CRAMLINGTON, NE23 7TP - £149,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WARWICK CLOSE is a very small semi-detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £211,501. It was last sold for £149,950 in March 2018, which was around 7% above the average March 2018 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

8 WARWICK CLOSE Sold Prices

Land registry data shows three sales for 8 WARWICK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Two of the three 8 WARWICK CLOSE sales were for above the average price, whilst one was 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
2018 23 MAR	£149,950	£140,287	7% above HPI
2016 14 JUL	£169,950	£137,964	23% above HPI
2012 4 JUL	£97,000	£125,855	23% below HPI

8 WARWICK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 8 WARWICK CLOSE sales between July 2012 and March 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 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 8 WARWICK CLOSE be worth now?

8 WARWICK CLOSE might now be worth an estimated £211,501.

This is based on house price inflation of 41%, between March 2018 and April 2026, for semi-detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41% inflationary increase is applied to the most recent sale price for 8 WARWICK CLOSE of £149,950 on 23rd March 2018. For the value to have increased from £149,950 to £211,501 over the seven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 8 WARWICK CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The March 2018 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 8 WARWICK CLOSE has not materially changed since March 2018.

How Large is 8 WARWICK CLOSE?

8 WARWICK CLOSE is 58m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of semi-detached houses houses in Seghill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Seghill, and where 8 WARWICK CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 8 WARWICK CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Seghill.

8 WARWICK CLOSE: Plot and Title Map

8 WARWICK CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 8 WARWICK 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 8 WARWICK 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 8 WARWICK CLOSE?

8 WARWICK CLOSE is located in SEGHILL, in the NE23 postcode district. The below map shows the position of No. 8 on WARWICK CLOSE.