325, THE BROADWAY, NORTH SHIELDS, NE30 3LQ - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

325 THE BROADWAY is a midsized extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £290,000 in January 2019, which was about the average January 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

325 THE BROADWAY Sold Prices

Land registry data shows two sales for 325 THE BROADWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. One of the two 325 THE BROADWAY sales was roughly equal to the average price, whilst the other was 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
2019 23 JAN	£290,000	£289,468	Close to HPI
2004 9 NOV	£195,000	£217,012	10% below HPI

325 THE BROADWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 325 THE BROADWAY sales from November 2004 and January 2019 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 November 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 325 THE BROADWAY?

325 THE BROADWAY is 108m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 50% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 325 THE BROADWAY lies on this distribution: 45% of detached houses are smaller than 325 THE BROADWAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

325 THE BROADWAY: Plot and Title Map

325 THE BROADWAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 325 THE BROADWAY, 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 325 THE BROADWAY). 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 325 THE BROADWAY?

325 THE BROADWAY is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 325 on THE BROADWAY.