30B, BROOM LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4QP - £385,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

30B BROOM LANE is a very large extended detached house of 189m², built sometime from 2007 onwards. It was last sold for £385,000 in April 2018, which was around 67% above the average April 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

30B BROOM LANE Sold Prices

Land registry data shows two sales for 30B 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 30B 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
2018 27 APR	£385,000	£230,459	67% above HPI
2007 1 AUG	£440,000	£228,054	93% above HPI

30B 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 30B BROOM LANE sales from August 2007 and April 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 2007 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the April 2018 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 30B BROOM LANE?

30B BROOM LANE is 189m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 30B BROOM LANE lies on this distribution: 88% of detached houses are smaller than 30B BROOM LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Whickham.

30B BROOM LANE: Plot and Title Map

30B BROOM LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 30B 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 30B 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 30B BROOM LANE?

30B BROOM LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 30B on BROOM LANE.