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
50 CASTLE TERRACE is a very small extended detached house of 72m², built sometime before 1900. It was last sold for £160,000 in October 2020, which was around 43% below the average October 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was G, and the potential energy rating was B.
Land registry data shows three sales for 50 CASTLE TERRACE 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 50 CASTLE TERRACE 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 |
---|---|---|---|
2020 14 OCT | £160,000 | £279,307 | 43% below HPI |
2016 5 JUL | £132,500 | £248,789 | 47% below HPI |
1999 4 MAY | £50,000 | £93,402 | 46% 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 50 CASTLE TERRACE sales between May 1999 and October 2020 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 July 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.
50 CASTLE TERRACE is 72m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% 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 50 CASTLE TERRACE lies on this distribution: 9% of detached houses are smaller than 50 CASTLE TERRACE, and 90% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.
50 CASTLE TERRACE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 50 CASTLE TERRACE, 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 50 CASTLE TERRACE). 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.
50 CASTLE TERRACE is located in BERWICK-UPON-TWEED, in the TD15 postcode district. The below map shows the position of No. 50 on CASTLE TERRACE.