2, NEWMARKET WAY, CHEADLE, STOKE-ON-TRENT, ST10 1UJ - £110,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 NEWMARKET WAY is a very small detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £139,108. It was last sold for £110,000 in December 2017, which was around 55% below the average December 2017 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

2 NEWMARKET WAY Sold Prices

Land registry data shows four sales for 2 NEWMARKET WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. All of the four 2 NEWMARKET WAY sales were for below 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
2017 15 DEC	£110,000	£246,210	55% below HPI
2010 1 SEP	£139,950	£198,989	30% below HPI
1998 23 JUL	£60,000	£77,935	23% below HPI
1997 27 MAR	£57,500	£70,060	18% below HPI

2 NEWMARKET WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The four 2 NEWMARKET WAY sales between March 1997 and December 2017 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 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2017 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 2 NEWMARKET WAY be worth now?

2 NEWMARKET WAY might now be worth an estimated £139,108.

This is based on house price inflation of 26.5%, between December 2017 and December 2024, for detached houses, in the Staffordshire Moorlands local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.5% inflationary increase is applied to the most recent sale price for 2 NEWMARKET WAY of £110,000 on 15th December 2017. For the value to have increased from £110,000 to £139,108 over the seven years to December 2024, the following assumptions must hold true:

• The value of 2 NEWMARKET WAY has moved in line with the HPI for detached houses in the Staffordshire Moorlands local authority area.
• The December 2017 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEWMARKET WAY has not materially changed since December 2017.

How Large is 2 NEWMARKET WAY?

2 NEWMARKET WAY is 66m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses houses in Cheadle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheadle, and where 2 NEWMARKET WAY lies on this distribution: 10% of detached houses houses are smaller than 2 NEWMARKET WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

2 NEWMARKET WAY: Plot and Title Map

2 NEWMARKET WAY sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 NEWMARKET WAY, 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 2 NEWMARKET WAY). 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 2 NEWMARKET WAY?

2 NEWMARKET WAY is located in CHEADLE, in the ST10 postcode district. The below map shows the position of No. 2 on NEWMARKET WAY.