8, CORINTO CLOSE, CRAMLINGTON, NE23 6FA - £68,000

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.

8 CORINTO CLOSE is a small terraced house of 67m², built in 2012, which could now be worth an estimated £105,473. It was last sold for £68,000 in June 2014, which was around 38% below the average June 2014 terraced price in the Northumberland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

8 CORINTO CLOSE Sold Prices

Land registry data shows one sale for 8 CORINTO CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2014 13 JUN	£68,000	£108,854	38% below HPI

What might 8 CORINTO CLOSE be worth now?

8 CORINTO CLOSE might now be worth an estimated £105,473.

This is based on house price inflation of 55.1%, between June 2014 and May 2026, for terraced 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 55.1% inflationary increase is applied to the most recent sale price for 8 CORINTO CLOSE of £68,000 on 13th June 2014. For the value to have increased from £68,000 to £105,473 over the twelve years and one month to May 2026, the following assumptions must hold true:

• The value of 8 CORINTO CLOSE has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The June 2014 sale price of £68,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CORINTO CLOSE has not materially changed since June 2014.

How Large is 8 CORINTO CLOSE?

8 CORINTO CLOSE is 67m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of terraced houses in Cramlington, based on EPC data. The below chart shows the distribution of terraced houses by size in Cramlington, and where 8 CORINTO CLOSE lies on this distribution: 22% of terraced houses are smaller than 8 CORINTO CLOSE, and 75% of terraced houses are larger. Note that EPC data is not available for all properties in Cramlington.

8 CORINTO CLOSE: Plot

8 CORINTO CLOSE sits on a plot of roughly 0.036 of an acre, or 146m².

Where is 8 CORINTO CLOSE?

8 CORINTO CLOSE is located in CRAMLINGTON, in the NE23 postcode district.