THREEWAYS, SPRINGHILL, TWEEDMOUTH, BERWICK-UPON-TWEED, TD15 2QN - £558,660

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THREEWAYS is a small extended detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £765,395. It was last sold for £558,660 in March 2018, which was around 113% above the average March 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was A.

THREEWAYS Sold Prices

Land registry data shows two sales for THREEWAYS 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 THREEWAYS 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
2018 29 MAR	£558,660	£262,609	113% above HPI
2017 1 NOV	£290,000	£260,799	11% above HPI

THREEWAYS 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 THREEWAYS sales from November 2017 and March 2018 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 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2018 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

What might THREEWAYS be worth now?

THREEWAYS might now be worth an estimated £765,395.

This is based on house price inflation of 37%, between March 2018 and February 2025, 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 37% inflationary increase is applied to the most recent sale price for THREEWAYS of £558,660 on 29th March 2018. For the value to have increased from £558,660 to £765,395 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of THREEWAYS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2018 sale price of £558,660 represented a fair market value for the property.
• The size, condition, and specification of THREEWAYS has not materially changed since March 2018.

How Large is THREEWAYS?

THREEWAYS is 88m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% 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 THREEWAYS lies on this distribution: 20% of detached houses houses are smaller than THREEWAYS, and 78% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.

THREEWAYS: Plot and Title Map

THREEWAYS sits on a plot of roughly 0.220 of an acre, or 890m². The below map shows the location of THREEWAYS, 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 THREEWAYS). 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 THREEWAYS?

THREEWAYS is located on SPRINGHILL in TWEEDMOUTH, in the TD15 postcode district. The below map shows the position of THREEWAYS on SPRINGHILL.