Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
10 THE CEDARS is a very large extended detached house of 178m², built sometime between 1967 and 1975. It was last sold for £526,000 in March 2024, which was around 92% above the average March 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 10 THE CEDARS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the five 10 THE CEDARS 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 |
---|---|---|---|
2024 27 MAR | £526,000 | £273,730 | 92% above HPI |
2005 20 SEP | £350,000 | £208,655 | 68% above HPI |
2005 25 AUG | £350,000 | £205,609 | 70% above HPI |
2004 5 MAR | £335,000 | £168,164 | 99% above HPI |
1999 4 JUN | £160,000 | £80,287 | 99% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The five 10 THE CEDARS sales between June 1999 and March 2024 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 September 2005 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the March 2024 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.
10 THE CEDARS is 178m², which includes four extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 20% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 10 THE CEDARS lies on this distribution: 85% of detached houses are smaller than 10 THE CEDARS, and 14% of houses are larger. Note that EPC data is not available for all properties in Whickham.
10 THE CEDARS sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 10 THE CEDARS, 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 10 THE CEDARS). 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.
10 THE CEDARS is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 10 on THE CEDARS.