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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BROAD PARK is a very small semi-detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £178,608. It was last sold for £134,000 in May 2016, which was around 1% above the average May 2016 semi-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 semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the three 2 BROAD PARK 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
2016 26 MAY	£134,000	£132,102	1% above HPI
2014 8 JAN	£125,000	£123,696	1% above HPI
1999 1 OCT	£50,000	£47,359	6% above HPI

2 BROAD PARK Price Paid vs. HPI Average

The below graph shows the average semi-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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2016 sale, which was also at 1% above the HPI.

What might 2 BROAD PARK be worth now?

2 BROAD PARK might now be worth an estimated £178,608.

This is based on house price inflation of 33.3%, between May 2016 and December 2024, for semi-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 33.3% inflationary increase is applied to the most recent sale price for 2 BROAD PARK of £134,000 on 26th May 2016. For the value to have increased from £134,000 to £178,608 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 2 BROAD PARK has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The May 2016 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROAD PARK has not materially changed since May 2016.

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 semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 2 BROAD PARK lies on this distribution: 6% of semi-detached houses 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.