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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MEGSTONE COURT is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £190,000 in June 2015, which was around 20% 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	£237,055	20% below HPI
2004 17 SEP	£151,000	£219,206	31% below HPI
1995 6 FEB	£73,500	£81,986	10% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 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 3 MEGSTONE COURT lies on this distribution: 20% of detached 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.