27, HOLE LANE, SUNNISIDE, NEWCASTLE UPON TYNE, NE16 5NH - £365,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 HOLE LANE is a very large extended detached house of 161m², built sometime between 1967 and 1975. It was last sold for £365,000 in July 2023, which was around 30% above the average July 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was C.

27 HOLE LANE Sold Prices

Land registry data shows three sales for 27 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. All of the three 27 HOLE LANE 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
2023 27 JUL	£365,000	£279,939	30% above HPI
2013 7 JUN	£229,950	£199,678	15% above HPI
2002 12 SEP	£156,000	£117,723	33% above HPI

27 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 27 HOLE LANE sales between September 2002 and July 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 June 2013 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 27 HOLE LANE?

27 HOLE LANE is 161m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 10% of detached houses in Sunniside, based on EPC data. The below chart shows the distribution of detached houses by size in Sunniside, and where 27 HOLE LANE lies on this distribution: 92% of detached houses are smaller than 27 HOLE LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Sunniside.

27 HOLE LANE: Plot and Title Map

27 HOLE LANE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 27 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 27 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 27 HOLE LANE?

27 HOLE LANE is located in SUNNISIDE, in the NE16 postcode district. The below map shows the position of No. 27 on HOLE LANE.