12, NORTH LANE, NORHAM, BERWICK-UPON-TWEED, TD15 2LG - £138,000

12 NORTH LANE is a very small extended detached house of 78m², built sometime before 1900. It was last sold for £138,000 in August 2013, which was around 40% below the average August 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was F, and the potential energy rating was C.

12 NORTH LANE Sold Prices

Land registry data shows two sales for 12 NORTH LANE 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 12 NORTH LANE 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
2013 1 AUG	£138,000	£228,988	40% below HPI
1999 16 JUL	£57,500	£98,026	41% below HPI

12 NORTH LANE 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 12 NORTH LANE sales from July 1999 and August 2013 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 July 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2013 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 12 NORTH LANE?

12 NORTH LANE is 78m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Norham, based on EPC data. The below chart shows the distribution of detached houses by size in Norham, and where 12 NORTH LANE lies on this distribution: 8% of detached houses are smaller than 12 NORTH LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Norham.

12 NORTH LANE: Plot and Title Map

12 NORTH LANE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 12 NORTH LANE, 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 12 NORTH LANE). 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 12 NORTH LANE?

12 NORTH LANE is located in NORHAM, in the TD15 postcode district. The below map shows the position of No. 12 on NORTH LANE.