77, BROOM LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4QZ - £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

77 BROOM LANE is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £385,000 in March 2019, which was around 67% above the average March 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was D.

77 BROOM LANE Sold Prices

Land registry data shows two sales for 77 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 77 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
2019 19 MAR	£385,000	£230,054	67% above HPI
2015 30 OCT	£350,000	£217,798	61% above HPI

77 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 77 BROOM LANE sales from October 2015 and March 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 October 2015 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the March 2019 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 77 BROOM LANE?

77 BROOM LANE is 111m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 77 BROOM LANE lies on this distribution: 45% of detached houses are smaller than 77 BROOM LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Whickham.

77 BROOM LANE: Plot and Title Map

77 BROOM LANE sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of 77 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 77 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 77 BROOM LANE?

77 BROOM LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 77 on BROOM LANE.