MOORHOUSE RESERVOIR HOUSE, BILLY MILL LANE, NORTH SHIELDS, NE29 8DA - £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

MOORHOUSE RESERVOIR HOUSE is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £320,000 in March 2022, which was around 3% below the average March 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

MOORHOUSE RESERVOIR HOUSE Sold Prices

Land registry data shows two sales for MOORHOUSE RESERVOIR HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two MOORHOUSE RESERVOIR HOUSE 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 25 MAR	£320,000	£331,587	3% below HPI
2018 30 APR	£195,000	£285,164	32% below HPI

MOORHOUSE RESERVOIR HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two MOORHOUSE RESERVOIR HOUSE sales from April 2018 and March 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 April 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is MOORHOUSE RESERVOIR HOUSE?

MOORHOUSE RESERVOIR HOUSE is 106m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where MOORHOUSE RESERVOIR HOUSE lies on this distribution: 44% of detached houses are smaller than MOORHOUSE RESERVOIR HOUSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

MOORHOUSE RESERVOIR HOUSE: Plot and Title Map

MOORHOUSE RESERVOIR HOUSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of MOORHOUSE RESERVOIR HOUSE, 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 MOORHOUSE RESERVOIR HOUSE). 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 MOORHOUSE RESERVOIR HOUSE?

MOORHOUSE RESERVOIR HOUSE is located on BILLY MILL LANE in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of MOORHOUSE RESERVOIR HOUSE on BILLY MILL LANE.