BURNHOUSE, LOWICK COMMON, LOWICK, BERWICK-UPON-TWEED, TD15 2UG - £420,000

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

BURNHOUSE is a large extended detached house of 175m², built sometime between 1976 and 1982. It was last sold for £420,000 in December 2023, which was around 30% above the average December 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

BURNHOUSE Sold Prices

Land registry data shows four sales for BURNHOUSE 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. two of the four BURNHOUSE sales were for above the average price, and four 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 12 DEC	£420,000	£322,012	30% above HPI
2018 24 JAN	£320,000	£253,154	26% above HPI
2001 30 JUL	£101,500	£110,740	8% below HPI
1998 1 JUL	£39,881	£91,039	56% below HPI

BURNHOUSE 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 BURNHOUSE sales between July 1998 and December 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 January 2018 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is BURNHOUSE?

BURNHOUSE is 175m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in Lowick, based on EPC data. The below chart shows the distribution of detached houses by size in Lowick, and where BURNHOUSE lies on this distribution: 72% of detached houses are smaller than BURNHOUSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lowick.

BURNHOUSE: Plot and Title Map

BURNHOUSE sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of BURNHOUSE, 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 BURNHOUSE). 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 BURNHOUSE?

BURNHOUSE is located on LOWICK COMMON in LOWICK, in the TD15 postcode district. The below map shows the position of BURNHOUSE on LOWICK COMMON.