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

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.

6 LAKESIDE is a large detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £335,748. It was last sold for £320,000 in December 2022, which was around 10% 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	£290,283	10% above HPI
2002 20 SEP	£144,000	£128,971	12% 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 6 LAKESIDE be worth now?

6 LAKESIDE might now be worth an estimated £335,748.

This is based on house price inflation of 4.9%, between December 2022 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.9% inflationary increase is applied to the most recent sale price for 6 LAKESIDE of £320,000 on 16th December 2022. For the value to have increased from £320,000 to £335,748 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 LAKESIDE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The December 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 6 LAKESIDE has not materially changed since December 2022.

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 houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Shields, and where 6 LAKESIDE lies on this distribution: 62% of detached houses houses are smaller than 6 LAKESIDE, and 36% 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 0.179 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.