LABURNUM COTTAGE, LOWICK, BERWICK-UPON-TWEED, TD15 2UW - £165,000

LABURNUM COTTAGE is a very small extended detached house of 117m², built sometime before 1900. It was last sold for £165,000 in October 2015, which was around 34% below the average October 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was F, and the potential energy rating was D.

LABURNUM COTTAGE Sold Prices

Land registry data shows two sales for LABURNUM COTTAGE 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 LABURNUM COTTAGE 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 7 OCT	£165,000	£250,162	34% below HPI
1997 31 JAN	£41,000	£82,261	50% below HPI

LABURNUM COTTAGE 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 LABURNUM COTTAGE sales from January 1997 and October 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 1997 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is LABURNUM COTTAGE?

LABURNUM COTTAGE is 117m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses in Lowick, based on EPC data. The below chart shows the distribution of detached houses by size in Lowick, and where LABURNUM COTTAGE lies on this distribution: 17% of detached houses are smaller than LABURNUM COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Lowick.

LABURNUM COTTAGE: Plot and Title Map

LABURNUM COTTAGE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of LABURNUM COTTAGE, 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 LABURNUM COTTAGE). 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 LABURNUM COTTAGE?

LABURNUM COTTAGE is located in LOWICK, in the TD15 postcode district. The below map shows the position of LABURNUM COTTAGE in LOWICK.