18, BROADACRE, GATESHEAD, NE10 8UW - £135,000

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.

18 BROADACRE is a small semi-detached house of 85m², built sometime between 2003 and 2006, which could now be worth an estimated £201,863. It was last sold for £135,000 in May 2014, which was around 9% above the average May 2014 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

18 BROADACRE Sold Prices

Land registry data shows four sales for 18 BROADACRE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the four 18 BROADACRE 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
2014 23 MAY	£135,000	£123,601	9% above HPI
2011 25 MAR	£130,000	£118,961	9% above HPI
2010 22 DEC	£144,000	£125,730	15% above HPI
2005 21 DEC	£149,950	£123,762	21% above HPI

18 BROADACRE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The four 18 BROADACRE sales between December 2005 and May 2014 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 2011 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2014 sale, which was also at 9% above the HPI.

What might 18 BROADACRE be worth now?

18 BROADACRE might now be worth an estimated £201,863.

This is based on house price inflation of 49.5%, between May 2014 and May 2026, for semi-detached 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 49.5% inflationary increase is applied to the most recent sale price for 18 BROADACRE of £135,000 on 23rd May 2014. For the value to have increased from £135,000 to £201,863 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 18 BROADACRE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The May 2014 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BROADACRE has not materially changed since May 2014.

How Large is 18 BROADACRE?

18 BROADACRE is 85m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 18 BROADACRE lies on this distribution: 22% of semi-detached houses houses are smaller than 18 BROADACRE, and 77% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

18 BROADACRE: Plot and Title Map

18 BROADACRE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 18 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 18 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 18 BROADACRE?

18 BROADACRE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 18 on BROADACRE.