3, MEGSTONE COURT, BERWICK-UPON-TWEED, TD15 2ES - £190,000

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.

3 MEGSTONE COURT is a small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £279,384. It was last sold for £190,000 in June 2015, which was around 22% below the average June 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

3 MEGSTONE COURT Sold Prices

Land registry data shows three sales for 3 MEGSTONE COURT 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 3 MEGSTONE COURT 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 10 JUN	£190,000	£244,681	22% below HPI
2004 17 SEP	£151,000	£226,257	33% below HPI
1995 6 FEB	£73,500	£84,623	13% below HPI

3 MEGSTONE COURT 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 3 MEGSTONE COURT sales between February 1995 and June 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 September 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 MEGSTONE COURT be worth now?

3 MEGSTONE COURT might now be worth an estimated £279,384.

This is based on house price inflation of 47%, between June 2015 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 47% inflationary increase is applied to the most recent sale price for 3 MEGSTONE COURT of £190,000 on 10th June 2015. For the value to have increased from £190,000 to £279,384 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 3 MEGSTONE COURT has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEGSTONE COURT has not materially changed since June 2015.

How Large is 3 MEGSTONE COURT?

3 MEGSTONE COURT is 88m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% 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 3 MEGSTONE COURT lies on this distribution: 20% of detached houses houses are smaller than 3 MEGSTONE COURT, and 78% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.

3 MEGSTONE COURT: Plot and Title Map

3 MEGSTONE COURT sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 3 MEGSTONE COURT, 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 3 MEGSTONE COURT). 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 3 MEGSTONE COURT?

3 MEGSTONE COURT is located in BERWICK-UPON-TWEED, in the TD15 postcode district. The below map shows the position of No. 3 on MEGSTONE COURT.