2 The Open, Newcastle Upon Tyne, NE1 4DB

2 The Open is a one-bedroom detached house in Newcastle Upon Tyne (NE1 4DB). It has a recorded floor area of 36 m² (around 388 sq ft), construction records dating it to 1983-1990 and council tax band B. At 36 m² this is the smallest unit on EPC record across the building (36–69 m²). The building's EPC ratings span E to B, with this unit at the bottom. The latest certificate (October 2008) shows an E (score 54), well below the UK norm with real room to improve. The recommended improvements would lift it to C (score 76), a 2-band jump. Main heating runs on electricity. The latest certificate is from October 2008, so improvements made since then won't be reflected.

Untraded for 23 years, with the last transfer in July 2003. At 36 m² it's 27.3% smaller than the typical home in the postcode (50 m² median across 28 EPCs). On energy efficiency it sits in the bottom 10% of properties in this postcode — significant headroom for improvement. Across 2000–2003, sale prices on this property compounded at 24.2% per year. Today's modelled estimate of £128,000 is 30.6% above the 2003 sale price. On a £-per-square-foot basis, the last sale (£253/sq ft) was about 24.5% above the typical sold price in the postcode.