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
MILBURN HOUSE is a small extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £305,000 in June 2023, which was around 4% below the average June 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for MILBURN HOUSE since 1st 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 MILBURN HOUSE 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 30 JUN | £305,000 | £317,558 | 4% below HPI |
2006 23 NOV | £195,000 | £247,380 | 21% below HPI |
2003 28 NOV | £143,800 | £189,023 | 24% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three MILBURN HOUSE sales between November 2003 and June 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 November 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
MILBURN HOUSE is 104m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 MILBURN HOUSE lies on this distribution: 37% of detached houses are smaller than MILBURN HOUSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.
MILBURN HOUSE sits on a plot of roughly 0.212 of an acre, or 857m². The below map shows the location of MILBURN HOUSE, 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 MILBURN HOUSE). 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.
MILBURN HOUSE is located on ETAL ROAD in TWEEDMOUTH, in the TD15 postcode district. The below map shows the position of MILBURN HOUSE on ETAL ROAD.