45, BILLY MILL LANE, NORTH SHIELDS, NE29 8BZ - £210,000

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

45 BILLY MILL LANE is a very large semi-detached house of 145m², built sometime between 1930 and 1949, which could now be worth an estimated £319,563. It was last sold for £210,000 in September 2014, which was around 43% above the average September 2014 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

45 BILLY MILL LANE Sold Prices

Land registry data shows two sales for 45 BILLY MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 45 BILLY MILL 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
2014 26 SEP	£210,000	£146,434	43% above HPI
1998 18 MAY	£69,950	£48,307	45% above HPI

45 BILLY MILL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 45 BILLY MILL LANE sales from May 1998 and September 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 May 1998 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the September 2014 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 45 BILLY MILL LANE be worth now?

45 BILLY MILL LANE might now be worth an estimated £319,563.

This is based on house price inflation of 52.2%, between September 2014 and December 2024, for semi-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 52.2% inflationary increase is applied to the most recent sale price for 45 BILLY MILL LANE of £210,000 on 26th September 2014. For the value to have increased from £210,000 to £319,563 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 45 BILLY MILL LANE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The September 2014 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 45 BILLY MILL LANE has not materially changed since September 2014.

How Large is 45 BILLY MILL LANE?

45 BILLY MILL LANE is 145m² according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of semi-detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tynemouth, and where 45 BILLY MILL LANE lies on this distribution: 81% of semi-detached houses houses are smaller than 45 BILLY MILL LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

45 BILLY MILL LANE: Plot and Title Map

45 BILLY MILL LANE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 45 BILLY MILL 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 45 BILLY MILL 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 45 BILLY MILL LANE?

45 BILLY MILL LANE is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 45 on BILLY MILL LANE.