GREYSTONES, COW ROAD, SPITTAL, BERWICK-UPON-TWEED, TD15 1RY - £222,500

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

GREYSTONES is a small detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £293,545. It was last sold for £222,500 in July 2020, which was around 17% below the average July 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

GREYSTONES Sold Prices

Land registry data shows two sales for GREYSTONES since 1^st 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 GREYSTONES 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 28 JUL	£222,500	£269,510	17% below HPI
1998 23 JAN	£72,000	£88,713	19% below HPI

GREYSTONES 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 two GREYSTONES sales from January 1998 and July 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 January 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might GREYSTONES be worth now?

GREYSTONES might now be worth an estimated £293,545.

This is based on house price inflation of 31.9%, between July 2020 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 31.9% inflationary increase is applied to the most recent sale price for GREYSTONES of £222,500 on 28th July 2020. For the value to have increased from £222,500 to £293,545 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of GREYSTONES has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2020 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of GREYSTONES has not materially changed since July 2020.

How Large is GREYSTONES?

GREYSTONES is 98m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% 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 GREYSTONES lies on this distribution: 31% of detached houses houses are smaller than GREYSTONES, and 67% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.

GREYSTONES: Plot and Title Map

GREYSTONES sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of GREYSTONES, 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 GREYSTONES). 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 GREYSTONES?

GREYSTONES is located on COW ROAD in SPITTAL, in the TD15 postcode district. The below map shows the position of GREYSTONES on COW ROAD.