9, MEGSTONE AVENUE, CRAMLINGTON, NE23 6TU - £180,000

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.

9 MEGSTONE AVENUE is a very large extended semi-detached house of 147m², built sometime between 1967 and 1975, which could now be worth an estimated £254,230. It was last sold for £180,000 in October 2010, which was around 30% above the average October 2010 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

9 MEGSTONE AVENUE Sold Prices

Land registry data shows three sales for 9 MEGSTONE AVENUE 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. All of the three 9 MEGSTONE AVENUE 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
2010 29 OCT	£180,000	£138,239	30% above HPI
2002 27 SEP	£125,000	£71,296	75% above HPI
1997 25 APR	£55,000	£46,356	19% above HPI

9 MEGSTONE AVENUE 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 9 MEGSTONE AVENUE sales between April 1997 and October 2010 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 September 2002 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the October 2010 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 9 MEGSTONE AVENUE be worth now?

9 MEGSTONE AVENUE might now be worth an estimated £254,230.

This is based on house price inflation of 41.2%, between October 2010 and February 2025, 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 41.2% inflationary increase is applied to the most recent sale price for 9 MEGSTONE AVENUE of £180,000 on 29th October 2010. For the value to have increased from £180,000 to £254,230 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 9 MEGSTONE AVENUE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The October 2010 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MEGSTONE AVENUE has not materially changed since October 2010.

How Large is 9 MEGSTONE AVENUE?

9 MEGSTONE AVENUE is 147m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the largest 20% of semi-detached houses houses in Cramlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cramlington, and where 9 MEGSTONE AVENUE lies on this distribution: 88% of semi-detached houses houses are smaller than 9 MEGSTONE AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

9 MEGSTONE AVENUE: Plot and Title Map

9 MEGSTONE AVENUE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 9 MEGSTONE AVENUE, 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 9 MEGSTONE AVENUE). 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 9 MEGSTONE AVENUE?

9 MEGSTONE AVENUE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 9 on MEGSTONE AVENUE.