15, ACORN LANE, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0GE - £255,000

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

15 ACORN LANE is a large detached house of 125m², built sometime from 2007 onwards, which could now be worth an estimated £334,933. It was last sold for £255,000 in June 2019, which was around 10% below the average June 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

15 ACORN LANE Sold Prices

Land registry data shows three sales for 15 ACORN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Two of the three 15 ACORN LANE sales were for below the average price, whilst one was 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
2019 28 JUN	£255,000	£282,165	10% below HPI
2016 26 MAY	£255,000	£262,219	3% below HPI
2008 25 APR	£268,000	£247,103	8% above HPI

15 ACORN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 15 ACORN LANE sales between April 2008 and June 2019 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 May 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 ACORN LANE be worth now?

15 ACORN LANE might now be worth an estimated £334,933.

This is based on house price inflation of 31.3%, between June 2019 and December 2024, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.3% inflationary increase is applied to the most recent sale price for 15 ACORN LANE of £255,000 on 28th June 2019. For the value to have increased from £255,000 to £334,933 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 15 ACORN LANE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The June 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ACORN LANE has not materially changed since June 2019.

How Large is 15 ACORN LANE?

15 ACORN LANE is 125m² according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses houses in Shiremoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shiremoor, and where 15 ACORN LANE lies on this distribution: 61% of detached houses houses are smaller than 15 ACORN LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Shiremoor.

15 ACORN LANE: Plot and Title Map

15 ACORN LANE sits on a plot of roughly 0.558 of an acre, or 2,258m². The below map shows the location of 15 ACORN LANE, 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 15 ACORN LANE). 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 15 ACORN LANE?

15 ACORN LANE is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 15 on ACORN LANE.