8, ALBERT ROAD, SPITTAL, BERWICK-UPON-TWEED, TD15 1RX - £140,000

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

8 ALBERT ROAD is a midsized extended detached house of 118m², built sometime before 1900. It was last sold for £140,000 in June 2015, which was around 41% below the average June 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

8 ALBERT ROAD Sold Prices

Land registry data shows three sales for 8 ALBERT ROAD 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 8 ALBERT ROAD 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 23 JUN	£140,000	£237,055	41% below HPI
2005 2 DEC	£128,000	£232,388	45% below HPI
1997 25 JUL	£43,500	£88,200	51% below HPI

8 ALBERT ROAD 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 8 ALBERT ROAD sales between July 1997 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 December 2005 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2015 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 ALBERT ROAD?

8 ALBERT ROAD is 118m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% 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 8 ALBERT ROAD lies on this distribution: 50% of detached houses are smaller than 8 ALBERT ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.

8 ALBERT ROAD: Plot and Title Map

8 ALBERT ROAD sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 8 ALBERT ROAD, 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 8 ALBERT ROAD). 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 8 ALBERT ROAD?

8 ALBERT ROAD is located in SPITTAL, in the TD15 postcode district. The below map shows the position of No. 8 on ALBERT ROAD.