23, HOLE LANE, SUNNISIDE, NEWCASTLE UPON TYNE, NE16 5NH - £585,000

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.

23 HOLE LANE is a very large extended detached house of 229m², built sometime between 1930 and 1949, which could now be worth an estimated £596,023. It was last sold for £585,000 in December 2023, which was around 112% above the average December 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

23 HOLE LANE Sold Prices

Land registry data shows three sales for 23 HOLE 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 Gateshead local authority area for the corresponding sale date. Two of the three 23 HOLE LANE sales were for above the average price, whilst one was 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
2023 14 DEC	£585,000	£275,809	112% above HPI
2007 12 NOV	£90,000	£229,792	61% below HPI
2000 1 DEC	£197,500	£90,730	118% above HPI

23 HOLE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 23 HOLE LANE sales between December 2000 and December 2023 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 2007 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the December 2023 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might 23 HOLE LANE be worth now?

23 HOLE LANE might now be worth an estimated £596,023.

This is based on house price inflation of 1.9%, between December 2023 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% inflationary increase is applied to the most recent sale price for 23 HOLE LANE of £585,000 on 14th December 2023. For the value to have increased from £585,000 to £596,023 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 HOLE LANE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The December 2023 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HOLE LANE has not materially changed since December 2023.

How Large is 23 HOLE LANE?

23 HOLE LANE is 229m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses houses in Sunniside, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sunniside, and where 23 HOLE LANE lies on this distribution: 97% of detached houses houses are smaller than 23 HOLE LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Sunniside.

23 HOLE LANE: Plot and Title Map

23 HOLE LANE sits on a plot of roughly 0.502 of an acre, or 2,033m². The below map shows the location of 23 HOLE 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 23 HOLE 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 23 HOLE LANE?

23 HOLE LANE is located in SUNNISIDE, in the NE16 postcode district. The below map shows the position of No. 23 on HOLE LANE.