1, LOLA STREET, HAZLERIGG, NEWCASTLE UPON TYNE, NE13 7AT - £150,000

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.

1 LOLA STREET is a large extended detached house of 144m², built sometime between 1900 and 1929, which could now be worth an estimated £231,706. It was last sold for £150,000 in November 2014, which was around 43% below the average November 2014 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

1 LOLA STREET Sold Prices

Land registry data shows four sales for 1 LOLA STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. All of the four 1 LOLA STREET 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
2014 27 NOV	£150,000	£262,819	43% below HPI
2006 10 FEB	£149,000	£249,274	40% below HPI
2001 3 DEC	£65,000	£140,143	54% below HPI
1997 21 APR	£47,950	£93,516	49% below HPI

1 LOLA STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The four 1 LOLA STREET sales between April 1997 and November 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 February 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 1 LOLA STREET be worth now?

1 LOLA STREET might now be worth an estimated £231,706.

This is based on house price inflation of 54.5%, between November 2014 and February 2025, for detached houses, in the Newcastle upon Tyne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.5% inflationary increase is applied to the most recent sale price for 1 LOLA STREET of £150,000 on 27th November 2014. For the value to have increased from £150,000 to £231,706 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 LOLA STREET has moved in line with the HPI for detached houses in the Newcastle upon Tyne local authority area.
• The November 2014 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LOLA STREET has not materially changed since November 2014.

How Large is 1 LOLA STREET?

1 LOLA STREET is 144m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses houses in Hazlerigg, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hazlerigg, and where 1 LOLA STREET lies on this distribution: 65% of detached houses houses are smaller than 1 LOLA STREET, and 35% of houses are larger. Note that EPC data is not available for all properties in Hazlerigg.

1 LOLA STREET: Plot and Title Map

1 LOLA STREET sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 1 LOLA STREET, 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 1 LOLA STREET). 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 1 LOLA STREET?

1 LOLA STREET is located in HAZLERIGG, in the NE13 postcode district. The below map shows the position of No. 1 on LOLA STREET.