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

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.

17 BROOM LANE is a large extended detached house of 137m², built sometime between 1930 and 1949, which could now be worth an estimated £336,940. It was last sold for £249,950 in January 2015, which was around 20% 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	£208,457	20% above HPI
1998 4 DEC	£115,000	£78,698	46% 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 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the January 2015 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 17 BROOM LANE be worth now?

17 BROOM LANE might now be worth an estimated £336,940.

This is based on house price inflation of 34.8%, between January 2015 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.8% inflationary increase is applied to the most recent sale price for 17 BROOM LANE of £249,950 on 30th January 2015. For the value to have increased from £249,950 to £336,940 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 17 BROOM LANE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The January 2015 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 17 BROOM LANE has not materially changed since January 2015.

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 houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 17 BROOM LANE lies on this distribution: 68% of detached houses houses are smaller than 17 BROOM LANE, and 31% 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.