RICHMOND VILLA, MAIN STREET, HORNCLIFFE, BERWICK-UPON-TWEED, TD15 2XW - £240,000

RICHMOND VILLA is a small extended detached house of 127m², built sometime before 1900. It was last sold for £240,000 in May 2014, which was around 4% above the average May 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was F, and the potential energy rating was C.

RICHMOND VILLA Sold Prices

Land registry data shows five sales for RICHMOND VILLA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five RICHMOND VILLA sales were for above 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
2014 19 MAY	£240,000	£230,773	4% above HPI
2006 24 NOV	£275,000	£247,380	11% above HPI
2003 6 AUG	£177,000	£174,395	1% above HPI
1997 31 JAN	£89,000	£82,261	8% above HPI
1995 10 MAR	£85,000	£82,658	3% above HPI

RICHMOND VILLA 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 five RICHMOND VILLA sales between March 1995 and May 2014 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 November 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is RICHMOND VILLA?

RICHMOND VILLA is 127m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses in Horncliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Horncliffe, and where RICHMOND VILLA lies on this distribution: 38% of detached houses are smaller than RICHMOND VILLA, and 62% of houses are larger. Note that EPC data is not available for all properties in Horncliffe.

RICHMOND VILLA: Plot and Title Map

RICHMOND VILLA sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of RICHMOND VILLA, 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 RICHMOND VILLA). 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 RICHMOND VILLA?

RICHMOND VILLA is located on MAIN STREET in HORNCLIFFE, in the TD15 postcode district. The below map shows the position of RICHMOND VILLA on MAIN STREET.