31A, BROOM LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4QS - £840,000

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

31A BROOM LANE is a very large extended detached house of 258m², built sometime between 1950 and 1966. It was last sold for £840,000 in November 2020, which was around 234% above the average November 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

31A BROOM LANE Sold Prices

Land registry data shows three sales for 31A BROOM LANE 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 31A 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
2020 11 NOV	£840,000	£251,569	234% above HPI
2016 12 AUG	£772,500	£226,155	242% above HPI
2002 17 JAN	£345,000	£98,579	250% above HPI

31A 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 three 31A BROOM LANE sales between January 2002 and November 2020 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 2016 sale was for 242% above the HPI. So the extrapolation line tracks at 242% above the HPI over time, until the November 2020 sale, where it falls to 234% above the HPI. The line then continues to track at 234% above the HPI.

How Large is 31A BROOM LANE?

31A BROOM LANE is 258m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 31A BROOM LANE lies on this distribution: 96% of detached houses are smaller than 31A BROOM LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Whickham.

31A BROOM LANE: Plot and Title Map

31A BROOM LANE sits on a plot of roughly 0.470 of an acre, or 1,901m². The below map shows the location of 31A 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 31A 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 31A BROOM LANE?

31A BROOM LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 31A on BROOM LANE.