5, CASTLETON CLOSE, CRAMLINGTON, NE23 3YS - £225,000

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.

5 CASTLETON CLOSE is a small extended detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £373,020. It was last sold for £225,000 in February 2005, which was around 2% above the average February 2005 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

5 CASTLETON CLOSE Sold Prices

Land registry data shows one sale for 5 CASTLETON 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
2005 4 FEB	£225,000	£221,651	2% above HPI

What might 5 CASTLETON CLOSE be worth now?

5 CASTLETON CLOSE might now be worth an estimated £373,020.

This is based on house price inflation of 65.8%, between February 2005 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 65.8% inflationary increase is applied to the most recent sale price for 5 CASTLETON CLOSE of £225,000 on 4th February 2005. For the value to have increased from £225,000 to £373,020 over the twenty years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 CASTLETON CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2005 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CASTLETON CLOSE has not materially changed since February 2005.

How Large is 5 CASTLETON CLOSE?

5 CASTLETON CLOSE is 100m², which includes two extensions, according to the EPC inspection conducted in July 2018. 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 5 CASTLETON CLOSE lies on this distribution: 34% of detached houses are smaller than 5 CASTLETON CLOSE, and 64% of detached houses are larger. Note that EPC data is not available for all properties in Cramlington.

5 CASTLETON CLOSE: Plot

5 CASTLETON CLOSE sits on a plot of roughly 0.076 of an acre, or 306m².

Where is 5 CASTLETON CLOSE?

5 CASTLETON CLOSE is located in CRAMLINGTON, in the NE23 postcode district.