5, TWEED CLOSE, EAST ORD, BERWICK-UPON-TWEED, TD15 2LU - £243,000

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.

5 TWEED CLOSE is a small detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £316,544. It was last sold for £243,000 in April 2018, which was around 9% below the average April 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

5 TWEED CLOSE Sold Prices

Land registry data shows two sales for 5 TWEED CLOSE 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 5 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
2018 27 APR	£243,000	£267,380	9% below HPI
1998 5 AUG	£76,000	£94,745	20% below HPI

5 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 two 5 TWEED CLOSE sales from August 1998 and April 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 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 5 TWEED CLOSE be worth now?

5 TWEED CLOSE might now be worth an estimated £316,544.

This is based on house price inflation of 30.3%, between April 2018 and June 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 30.3% inflationary increase is applied to the most recent sale price for 5 TWEED CLOSE of £243,000 on 27th April 2018. For the value to have increased from £243,000 to £316,544 over the six years and ten months to June 2025, the following assumptions must hold true:

• The value of 5 TWEED CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2018 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TWEED CLOSE has not materially changed since April 2018.

How Large is 5 TWEED CLOSE?

5 TWEED CLOSE is 96m² according to the EPC inspection conducted in November 2017. 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 5 TWEED CLOSE lies on this distribution: 29% of detached houses houses are smaller than 5 TWEED CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.

5 TWEED CLOSE: Plot and Title Map

5 TWEED CLOSE sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 5 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 5 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 5 TWEED CLOSE?

5 TWEED CLOSE is located in EAST ORD, in the TD15 postcode district. The below map shows the position of No. 5 on TWEED CLOSE.