2, LOWICK COMMON, LOWICK, BERWICK-UPON-TWEED, TD15 2UG - £180,000

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.

2 LOWICK COMMON is a very small extended detached house of 88m², built sometime before 1900, which could now be worth an estimated £246,522. It was last sold for £180,000 in March 2018, which was around 31% below the average March 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2011, where the current energy rating was F, and the potential energy rating was F.

2 LOWICK COMMON Sold Prices

Land registry data shows three sales for 2 LOWICK COMMON since 1^st 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 2 LOWICK COMMON 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
2018 28 MAR	£180,000	£262,609	31% below HPI
1997 29 AUG	£57,000	£91,815	38% below HPI
1995 17 NOV	£59,950	£81,580	27% below HPI

2 LOWICK COMMON 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 three 2 LOWICK COMMON sales between November 1995 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 August 1997 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 LOWICK COMMON be worth now?

2 LOWICK COMMON might now be worth an estimated £246,522.

This is based on house price inflation of 37%, between March 2018 and April 2026, 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 2 LOWICK COMMON of £180,000 on 28th March 2018. For the value to have increased from £180,000 to £246,522 over the seven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 LOWICK COMMON has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2018 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOWICK COMMON has not materially changed since March 2018.

How Large is 2 LOWICK COMMON?

2 LOWICK COMMON is 88m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses houses in Lowick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowick, and where 2 LOWICK COMMON lies on this distribution: 7% of detached houses houses are smaller than 2 LOWICK COMMON, and 93% of houses are larger. Note that EPC data is not available for all properties in Lowick.

2 LOWICK COMMON: Plot and Title Map

2 LOWICK COMMON sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 2 LOWICK COMMON, 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 2 LOWICK COMMON). 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 2 LOWICK COMMON?

2 LOWICK COMMON is located in LOWICK, in the TD15 postcode district. The below map shows the position of No. 2 on LOWICK COMMON.