6, LAKESIDE, SOUTH SHIELDS, NE34 7HA - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 LAKESIDE is a large detached house of 120m², built sometime between 1983 and 1990. It was last sold for £320,000 in December 2022, which was around 12% above the average December 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

6 LAKESIDE Sold Prices

Land registry data shows two sales for 6 LAKESIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 6 LAKESIDE 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
2022 16 DEC	£320,000	£285,835	12% above HPI
2002 20 SEP	£144,000	£126,994	13% above HPI

6 LAKESIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 6 LAKESIDE sales from September 2002 and December 2022 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 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 6 LAKESIDE?

6 LAKESIDE is 120m² according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 6 LAKESIDE lies on this distribution: 62% of detached houses are smaller than 6 LAKESIDE, and 37% of houses are larger. Note that EPC data is not available for all properties in South Shields.

6 LAKESIDE: Plot and Title Map

6 LAKESIDE sits on a plot of roughly 0.180 of an acre, or 726m². The below map shows the location of 6 LAKESIDE, 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 6 LAKESIDE). 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 6 LAKESIDE?

6 LAKESIDE is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 6 on LAKESIDE.