1, BROADACRE, GATESHEAD, NE10 8UW - £123,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BROADACRE is a very small extended terraced house of 68m², built sometime between 2003 and 2006, which could now be worth an estimated £141,115. It was last sold for £123,500 in November 2020, which was around 2% below the average November 2020 terraced price in the Gateshead local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

1 BROADACRE Sold Prices

Land registry data shows two sales for 1 BROADACRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. One of the two 1 BROADACRE sales was for below the average price, whilst the other was 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
2020 20 NOV	£123,500	£125,955	2% below HPI
2006 10 MAR	£132,950	£105,547	26% above HPI

1 BROADACRE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gateshead local authority area over time, sourced from the HPI. The two 1 BROADACRE sales from March 2006 and November 2020 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 March 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 BROADACRE be worth now?

1 BROADACRE might now be worth an estimated £141,115.

This is based on house price inflation of 14.3%, between November 2020 and June 2025, for terraced houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.3% inflationary increase is applied to the most recent sale price for 1 BROADACRE of £123,500 on 20th November 2020. For the value to have increased from £123,500 to £141,115 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 1 BROADACRE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The November 2020 sale price of £123,500 represented a fair market value for the property.
• The size, condition, and specification of 1 BROADACRE has not materially changed since November 2020.

How Large is 1 BROADACRE?

1 BROADACRE is 68m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of terraced houses houses in Gateshead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gateshead, and where 1 BROADACRE lies on this distribution: 6% of terraced houses houses are smaller than 1 BROADACRE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

1 BROADACRE: Plot and Title Map

1 BROADACRE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 1 BROADACRE, 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 1 BROADACRE). 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 1 BROADACRE?

1 BROADACRE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 1 on BROADACRE.