15, COMMERCIAL ROAD, SPITTAL, BERWICK-UPON-TWEED, TD15 1RQ - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 COMMERCIAL ROAD is a large extended detached house of 153m², built sometime between 1900 and 1929. It was last sold for £325,000 in November 2023, which was about the average November 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

15 COMMERCIAL ROAD Sold Prices

Land registry data shows two sales for 15 COMMERCIAL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. One of the two 15 COMMERCIAL ROAD sales was roughly equal to the average price, whilst the other was for below 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
2023 30 NOV	£325,000	£324,509	Close to HPI
2021 12 JUL	£140,000	£290,861	52% below HPI

15 COMMERCIAL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 15 COMMERCIAL ROAD sales from July 2021 and November 2023 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 July 2021 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the November 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 15 COMMERCIAL ROAD?

15 COMMERCIAL ROAD is 153m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 30% of detached houses in Berwick-upon-Tweed, based on EPC data. The below chart shows the distribution of detached houses by size in Berwick-upon-Tweed, and where 15 COMMERCIAL ROAD lies on this distribution: 73% of detached houses are smaller than 15 COMMERCIAL ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.

15 COMMERCIAL ROAD: Plot and Title Map

15 COMMERCIAL ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 15 COMMERCIAL ROAD, 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 15 COMMERCIAL ROAD). 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 15 COMMERCIAL ROAD?

15 COMMERCIAL ROAD is located in SPITTAL, in the TD15 postcode district. The below map shows the position of No. 15 on COMMERCIAL ROAD.