40, PENDLETON DRIVE, CRAMLINGTON, NE23 3TU - £185,000

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.

40 PENDLETON DRIVE is a very small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £256,314. It was last sold for £185,000 in September 2015, which was around 29% below the average September 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

40 PENDLETON DRIVE Sold Prices

Land registry data shows one sale for 40 PENDLETON DRIVE 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 4 SEP	£185,000	£259,592	29% below HPI

What might 40 PENDLETON DRIVE be worth now?

40 PENDLETON DRIVE might now be worth an estimated £256,314.

This is based on house price inflation of 38.5%, between September 2015 and April 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 38.5% inflationary increase is applied to the most recent sale price for 40 PENDLETON DRIVE of £185,000 on 4th September 2015. For the value to have increased from £185,000 to £256,314 over the eleven years and five months to April 2026, the following assumptions must hold true:

• The value of 40 PENDLETON DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2015 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PENDLETON DRIVE has not materially changed since September 2015.

How Large is 40 PENDLETON DRIVE?

40 PENDLETON DRIVE is 86m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 40 PENDLETON DRIVE lies on this distribution: 14% of detached houses are smaller than 40 PENDLETON DRIVE, and 85% of detached houses are larger. Note that EPC data is not available for all properties in Cramlington.

40 PENDLETON DRIVE: Plot

40 PENDLETON DRIVE sits on a plot of roughly 0.081 of an acre, or 326m².

Where is 40 PENDLETON DRIVE?

40 PENDLETON DRIVE is located in CRAMLINGTON, in the NE23 postcode district.