16, BROADOAK, GATESHEAD, NE10 8XF - £165,000

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

16 BROADOAK is a small extended detached house of 88m². It was last sold for £165,000 in August 2018, which was around 30% below the average August 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

16 BROADOAK Sold Prices

Land registry data shows two sales for 16 BROADOAK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 16 BROADOAK 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
2018 24 AUG	£165,000	£236,173	30% below HPI
2006 11 AUG	£165,000	£214,553	23% below HPI

16 BROADOAK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 16 BROADOAK sales from August 2006 and August 2018 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 August 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 BROADOAK?

16 BROADOAK is 88m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 16 BROADOAK lies on this distribution: 29% of detached houses are smaller than 16 BROADOAK, and 71% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

16 BROADOAK: Plot and Title Map

16 BROADOAK sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 16 BROADOAK, 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 16 BROADOAK). 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 16 BROADOAK?

16 BROADOAK is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 16 on BROADOAK.