17, BROOM LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4QP - £249,950

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

17 BROOM LANE is a large extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £249,950 in January 2015, which was around 19% above the average January 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

17 BROOM LANE Sold Prices

Land registry data shows two sales for 17 BROOM LANE 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 17 BROOM LANE 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
2015 30 JAN	£249,950	£209,870	19% above HPI
1998 4 DEC	£115,000	£79,231	45% above HPI

17 BROOM LANE 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 17 BROOM LANE sales from December 1998 and January 2015 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 December 1998 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the January 2015 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 17 BROOM LANE?

17 BROOM LANE is 137m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 40% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 17 BROOM LANE lies on this distribution: 68% of detached houses are smaller than 17 BROOM LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Whickham.

17 BROOM LANE: Plot and Title Map

17 BROOM LANE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 17 BROOM 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 17 BROOM 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 17 BROOM LANE?

17 BROOM LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 17 on BROOM LANE.