12, HOUSESTEADS MEWS, NEWCASTLE UPON TYNE, NE15 9BX - £308,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 HOUSESTEADS MEWS is a midsized detached house of 124m², which could now be worth an estimated £352,671. It was last sold for £308,500 in May 2024, which was around 12% below the average May 2024 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

12 HOUSESTEADS MEWS Sold Prices

Land registry data shows two sales for 12 HOUSESTEADS MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. Both of the two 12 HOUSESTEADS MEWS 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
2024 17 MAY	£308,500	£349,179	12% below HPI
2018 14 SEP	£286,950	£304,054	6% below HPI

12 HOUSESTEADS MEWS 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 two 12 HOUSESTEADS MEWS sales from September 2018 and May 2024 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 September 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2024 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 12 HOUSESTEADS MEWS be worth now?

12 HOUSESTEADS MEWS might now be worth an estimated £352,671.

This is based on house price inflation of 14.3%, between May 2024 and December 2024, 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 14.3% inflationary increase is applied to the most recent sale price for 12 HOUSESTEADS MEWS of £308,500 on 17th May 2024. For the value to have increased from £308,500 to £352,671 over the five months to December 2024, the following assumptions must hold true:

• The value of 12 HOUSESTEADS MEWS has moved in line with the HPI for detached houses in the Newcastle upon Tyne local authority area.
• The May 2024 sale price of £308,500 represented a fair market value for the property.
• The size, condition, and specification of 12 HOUSESTEADS MEWS has not materially changed since May 2024.

How Large is 12 HOUSESTEADS MEWS?

12 HOUSESTEADS MEWS is 124m² according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses houses in Throckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Throckley, and where 12 HOUSESTEADS MEWS lies on this distribution: 56% of detached houses houses are smaller than 12 HOUSESTEADS MEWS, and 39% of houses are larger. Note that EPC data is not available for all properties in Throckley.

12 HOUSESTEADS MEWS: Plot and Title Map

12 HOUSESTEADS MEWS sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 12 HOUSESTEADS MEWS, 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 12 HOUSESTEADS MEWS). 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 12 HOUSESTEADS MEWS?

12 HOUSESTEADS MEWS is located in NEWCASTLE UPON TYNE, in the NE15 postcode district. The below map shows the position of No. 12 on HOUSESTEADS MEWS.