2, BROAD PARK, GATESHEAD, NE10 8HW - £134,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 BROAD PARK is a very small semi-detached house of 66m², built sometime between 1983 and 1990. It was last sold for £134,000 in May 2016, which was around 39% below the average May 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

2 BROAD PARK Sold Prices

Land registry data shows three sales for 2 BROAD PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 2 BROAD PARK 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
2016 26 MAY	£134,000	£219,014	39% below HPI
2014 8 JAN	£125,000	£204,226	39% below HPI
1999 1 OCT	£50,000	£84,037	41% below HPI

2 BROAD PARK 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 three 2 BROAD PARK sales between October 1999 and May 2016 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 January 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2016 sale, which was also at 39% below the HPI.

How Large is 2 BROAD PARK?

2 BROAD PARK is 66m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 2 BROAD PARK lies on this distribution: 6% of detached houses are smaller than 2 BROAD PARK, and 94% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 BROAD PARK: Plot and Title Map

2 BROAD PARK sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 2 BROAD PARK, 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 2 BROAD PARK). 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 2 BROAD PARK?

2 BROAD PARK is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 2 on BROAD PARK.