38, THE BROADWAY, NORTH SHIELDS, NE30 2LQ - £830,000

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

38 THE BROADWAY is a very large detached house of 177m², built sometime between 1930 and 1949. It was last sold for £830,000 in June 2022, which was around 146% above the average June 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was C.

38 THE BROADWAY Sold Prices

Land registry data shows two sales for 38 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. Both of the two 38 THE BROADWAY 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
2022 28 JUN	£830,000	£337,782	146% above HPI
2014 20 JUN	£595,000	£247,743	140% above HPI

38 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 38 THE BROADWAY sales from June 2014 and June 2022 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 June 2014 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the June 2022 sale, where it rises to 146% above the HPI. The line then continues to track at 146% above the HPI.

How Large is 38 THE BROADWAY?

38 THE BROADWAY is 177m² according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 38 THE BROADWAY lies on this distribution: 92% of detached houses are smaller than 38 THE BROADWAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

38 THE BROADWAY: Plot and Title Map

38 THE BROADWAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 38 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 38 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 38 THE BROADWAY?

38 THE BROADWAY is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 38 on THE BROADWAY.