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
2 NESS STREET is a midsized extended detached house of 116m², built sometime before 1900. It was last sold for £232,500 in July 2021, which was around 20% below the average July 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 2 NESS STREET since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 2 NESS STREET 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 |
---|---|---|---|
2021 30 JUL | £232,500 | £290,861 | 20% below HPI |
2008 20 JUN | £199,000 | £262,579 | 24% below HPI |
1998 21 AUG | £37,000 | £91,792 | 60% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 2 NESS STREET sales between August 1998 and July 2021 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 June 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
2 NESS STREET is 116m², which includes one extension, according to the EPC inspection conducted in April 2021. 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 2 NESS STREET lies on this distribution: 48% of detached houses are smaller than 2 NESS STREET, and 52% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.
2 NESS STREET sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 2 NESS STREET, 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 2 NESS STREET). 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.
2 NESS STREET is located in BERWICK-UPON-TWEED, in the TD15 postcode district. The below map shows the position of No. 2 on NESS STREET.