1A, TWEED CLOSE, EAST ORD, BERWICK-UPON-TWEED, TD15 2LU - £237,500

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

1A TWEED CLOSE is a midsized detached house of 112m², built sometime between 1950 and 1966. It was last sold for £237,500 in January 2015, which was around 1% above the average January 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

1A TWEED CLOSE Sold Prices

Land registry data shows four sales for 1A TWEED CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the four 1A TWEED CLOSE sales were 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
2015 9 JAN	£237,500	£234,797	1% above HPI
2009 30 JAN	£215,000	£234,924	8% below HPI
2006 1 JUN	£220,000	£237,761	7% below HPI
1997 29 OCT	£87,000	£87,507	1% below HPI

1A TWEED CLOSE 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 four 1A TWEED CLOSE sales between October 1997 and January 2015 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 January 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 1A TWEED CLOSE?

1A TWEED CLOSE is 112m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 1A TWEED CLOSE lies on this distribution: 43% of detached houses are smaller than 1A TWEED CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.

1A TWEED CLOSE: Plot and Title Map

1A TWEED CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 1A TWEED CLOSE, 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 1A TWEED CLOSE). 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 1A TWEED CLOSE?

1A TWEED CLOSE is located in EAST ORD, in the TD15 postcode district. The below map shows the position of No. 1A on TWEED CLOSE.