2, NESS STREET, BERWICK-UPON-TWEED, TD15 1HY - £232,500

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.

2 NESS STREET is a midsized extended detached house of 116m², built sometime before 1900, which could now be worth an estimated £278,634. It was last sold for £232,500 in July 2021, which was around 23% 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.

2 NESS STREET Sold Prices

Land registry data shows three sales for 2 NESS STREET since 1^st 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	£300,218	23% below HPI
2008 20 JUN	£199,000	£271,026	27% below HPI
1998 21 AUG	£37,000	£94,745	61% below HPI

2 NESS STREET 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 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 NESS STREET be worth now?

2 NESS STREET might now be worth an estimated £278,634.

This is based on house price inflation of 19.8%, between July 2021 and February 2025, 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 19.8% inflationary increase is applied to the most recent sale price for 2 NESS STREET of £232,500 on 30th July 2021. For the value to have increased from £232,500 to £278,634 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 2 NESS STREET has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2021 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 2 NESS STREET has not materially changed since July 2021.

How Large is 2 NESS STREET?

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 houses in Berwick-upon-Tweed, based on EPC data. The below chart shows the distribution of detached houses houses by size in Berwick-upon-Tweed, and where 2 NESS STREET lies on this distribution: 48% of detached houses 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: Plot and Title Map

2 NESS STREET sits on a plot of roughly 0.063 of an acre, or 256m². 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.

Where is 2 NESS STREET?

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.