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
7 PRINCES STREET is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £243,000 in October 2023, which was around 25% below the average October 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 PRINCES STREET since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 7 PRINCES 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 |
---|---|---|---|
2023 16 OCT | £243,000 | £325,074 | 25% below HPI |
2006 9 JUN | £130,000 | £237,761 | 45% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 7 PRINCES STREET sales from June 2006 and October 2023 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 2006 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
7 PRINCES STREET is 140m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 40% 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 7 PRINCES STREET lies on this distribution: 65% of detached houses are smaller than 7 PRINCES STREET, and 34% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.
7 PRINCES STREET sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 7 PRINCES 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 7 PRINCES 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.
7 PRINCES STREET is located in SPITTAL, in the TD15 postcode district. The below map shows the position of No. 7 on PRINCES STREET.