69, QUARRY LANE, SOUTH SHIELDS, NE34 7NW - £255,000

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

69 QUARRY LANE is a small extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £255,000 in December 2022, which was around 11% below the average December 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

69 QUARRY LANE Sold Prices

Land registry data shows four sales for 69 QUARRY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the four 69 QUARRY LANE sales were 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
2022 19 DEC	£255,000	£285,835	11% below HPI
2001 1 OCT	£94,000	£114,569	18% below HPI
1999 18 JUN	£82,000	£93,938	13% below HPI
1997 15 AUG	£72,500	£87,390	17% below HPI

69 QUARRY LANE 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 four 69 QUARRY LANE sales between August 1997 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 October 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 69 QUARRY LANE?

69 QUARRY LANE is 97m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 69 QUARRY LANE lies on this distribution: 33% of detached houses are smaller than 69 QUARRY LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in South Shields.

69 QUARRY LANE: Plot and Title Map

69 QUARRY LANE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 69 QUARRY 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 69 QUARRY 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 69 QUARRY LANE?

69 QUARRY LANE is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 69 on QUARRY LANE.