42, BROADMEADOWS CLOSE, SWALWELL, NEWCASTLE UPON TYNE, NE16 3DD - £288,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

42 BROADMEADOWS CLOSE is a very large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £288,000 in October 2017, which was around 25% above the average October 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

42 BROADMEADOWS CLOSE Sold Prices

Land registry data shows two sales for 42 BROADMEADOWS CLOSE 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 42 BROADMEADOWS CLOSE 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
2017 30 OCT	£288,000	£231,142	25% above HPI
2004 21 MAY	£265,000	£176,374	50% above HPI

42 BROADMEADOWS CLOSE 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 42 BROADMEADOWS CLOSE sales from May 2004 and October 2017 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 May 2004 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2017 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 42 BROADMEADOWS CLOSE?

42 BROADMEADOWS CLOSE is 162m² according to the EPC inspection conducted in May 2014. 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 42 BROADMEADOWS CLOSE lies on this distribution: 81% of detached houses are smaller than 42 BROADMEADOWS CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Whickham.

42 BROADMEADOWS CLOSE: Plot and Title Map

42 BROADMEADOWS CLOSE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 42 BROADMEADOWS CLOSE, 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 42 BROADMEADOWS CLOSE). 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 42 BROADMEADOWS CLOSE?

42 BROADMEADOWS CLOSE is located in SWALWELL, in the NE16 postcode district. The below map shows the position of No. 42 on BROADMEADOWS CLOSE.