2, SKIPTON CLOSE, CRAMLINGTON, NE23 3LU - £207,000

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.

2 SKIPTON CLOSE is a small detached house of 104m², built sometime between 2003 and 2006, which could now be worth an estimated £315,495. It was last sold for £207,000 in March 2015, which was around 14% below the average March 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

2 SKIPTON CLOSE Sold Prices

Land registry data shows one sale for 2 SKIPTON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 20 MAR	£207,000	£241,100	14% below HPI

What might 2 SKIPTON CLOSE be worth now?

2 SKIPTON CLOSE might now be worth an estimated £315,495.

This is based on house price inflation of 52.4%, between March 2015 and May 2026, for 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 52.4% inflationary increase is applied to the most recent sale price for 2 SKIPTON CLOSE of £207,000 on 20th March 2015. For the value to have increased from £207,000 to £315,495 over the ten years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 SKIPTON CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2015 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SKIPTON CLOSE has not materially changed since March 2015.

How Large is 2 SKIPTON CLOSE?

2 SKIPTON CLOSE is 104m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 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 2 SKIPTON CLOSE lies on this distribution: 38% of detached houses are smaller than 2 SKIPTON CLOSE, and 61% of detached houses are larger. Note that EPC data is not available for all properties in Cramlington.

2 SKIPTON CLOSE: Plot

2 SKIPTON CLOSE sits on a plot of roughly 0.093 of an acre, or 376m².

Where is 2 SKIPTON CLOSE?

2 SKIPTON CLOSE is located in CRAMLINGTON, in the NE23 postcode district.