1A, TWEED CLOSE, EAST ORD, BERWICK-UPON-TWEED, TD15 2LU - £237,500

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.

1A TWEED CLOSE is a midsized detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £352,587. It was last sold for £237,500 in January 2015, which was around 2% below the average January 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

1A TWEED CLOSE Sold Prices

Land registry data shows four sales for 1A TWEED CLOSE 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. All of the four 1A TWEED CLOSE 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
2015 9 JAN	£237,500	£242,351	2% below HPI
2009 30 JAN	£215,000	£242,481	11% below HPI
2006 1 JUN	£220,000	£245,409	10% below HPI
1997 29 OCT	£87,000	£90,322	4% below HPI

1A TWEED CLOSE 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 1A TWEED CLOSE sales between October 1997 and January 2015 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 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1A TWEED CLOSE be worth now?

1A TWEED CLOSE might now be worth an estimated £352,587.

This is based on house price inflation of 48.5%, between January 2015 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 48.5% inflationary increase is applied to the most recent sale price for 1A TWEED CLOSE of £237,500 on 9th January 2015. For the value to have increased from £237,500 to £352,587 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1A TWEED CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The January 2015 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 1A TWEED CLOSE has not materially changed since January 2015.

How Large is 1A TWEED CLOSE?

1A TWEED CLOSE is 112m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 1A TWEED CLOSE lies on this distribution: 43% of detached houses houses are smaller than 1A TWEED CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.

1A TWEED CLOSE: Plot and Title Map

1A TWEED CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 1A TWEED CLOSE, 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 1A TWEED CLOSE). 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 1A TWEED CLOSE?

1A TWEED CLOSE is located in EAST ORD, in the TD15 postcode district. The below map shows the position of No. 1A on TWEED CLOSE.