95, BROOM LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4PT - £360,000

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

95 BROOM LANE is a large extended detached house of 156m², built sometime between 1930 and 1949. It was last sold for £360,000 in June 2013, which was around 80% above the average June 2013 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

95 BROOM LANE Sold Prices

Land registry data shows four sales for 95 BROOM LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Most of the four 95 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
2013 7 JUN	£360,000	£199,678	80% above HPI
2005 20 JUN	£390,000	£192,187	103% above HPI
1999 23 APR	£115,000	£79,965	44% above HPI
1995 25 AUG	£55,000	£73,314	25% below HPI

95 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 four 95 BROOM LANE sales between August 1995 and June 2013 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 2005 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the June 2013 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 95 BROOM LANE?

95 BROOM LANE is 156m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 95 BROOM LANE lies on this distribution: 78% of detached houses are smaller than 95 BROOM LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Whickham.

95 BROOM LANE: Plot and Title Map

95 BROOM LANE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 95 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 95 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 95 BROOM LANE?

95 BROOM LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 95 on BROOM LANE.