8, CASTLE TERRACE, BERWICK-UPON-TWEED, TD15 1NP - £687,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 CASTLE TERRACE is a very large extended detached house of 328m², built sometime before 1900, which could now be worth an estimated £972,436. It was last sold for £687,500 in March 2016, which was around 173% above the average March 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

8 CASTLE TERRACE Sold Prices

Land registry data shows four sales for 8 CASTLE TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 8 CASTLE TERRACE sales were for above 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
2016 30 MAR	£687,500	£251,380	173% above HPI
2008 17 OCT	£645,000	£255,727	152% above HPI
2003 12 SEP	£310,000	£184,192	68% above HPI
1997 5 FEB	£147,000	£86,695	70% above HPI

8 CASTLE TERRACE 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 four 8 CASTLE TERRACE sales between February 1997 and March 2016 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 October 2008 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the March 2016 sale, where it rises to 173% above the HPI. The line then continues to track at 173% above the HPI.

What might 8 CASTLE TERRACE be worth now?

8 CASTLE TERRACE might now be worth an estimated £972,436.

This is based on house price inflation of 41.4%, between March 2016 and December 2024, 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 41.4% inflationary increase is applied to the most recent sale price for 8 CASTLE TERRACE of £687,500 on 30th March 2016. For the value to have increased from £687,500 to £972,436 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 8 CASTLE TERRACE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2016 sale price of £687,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CASTLE TERRACE has not materially changed since March 2016.

How Large is 8 CASTLE TERRACE?

8 CASTLE TERRACE is 328m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% 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 8 CASTLE TERRACE lies on this distribution: 98% of detached houses houses are smaller than 8 CASTLE TERRACE, and 2% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.

8 CASTLE TERRACE: Plot and Title Map

8 CASTLE TERRACE sits on a plot of roughly 0.585 of an acre, or 2,366m². The below map shows the location of 8 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 8 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.

Where is 8 CASTLE TERRACE?

8 CASTLE TERRACE is located in BERWICK-UPON-TWEED, in the TD15 postcode district. The below map shows the position of No. 8 on CASTLE TERRACE.