22, THE CEDARS, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5TH - £342,000

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

22 THE CEDARS is a midsized extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £427,103. It was last sold for £342,000 in February 2020, which was around 49% above the average February 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

22 THE CEDARS Sold Prices

Land registry data shows two sales for 22 THE CEDARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 22 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
2020 28 FEB	£342,000	£229,113	49% above HPI
1996 26 APR	£114,000	£68,151	67% above HPI

22 THE CEDARS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 22 THE CEDARS sales from April 1996 and February 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 April 1996 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the February 2020 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 22 THE CEDARS be worth now?

22 THE CEDARS might now be worth an estimated £427,103.

This is based on house price inflation of 24.9%, between February 2020 and December 2024, for 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 24.9% inflationary increase is applied to the most recent sale price for 22 THE CEDARS of £342,000 on 28th February 2020. For the value to have increased from £342,000 to £427,103 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 22 THE CEDARS has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2020 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THE CEDARS has not materially changed since February 2020.

How Large is 22 THE CEDARS?

22 THE CEDARS is 123m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 50% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 22 THE CEDARS lies on this distribution: 57% of detached houses houses are smaller than 22 THE CEDARS, and 42% of houses are larger. Note that EPC data is not available for all properties in Whickham.

22 THE CEDARS: Plot and Title Map

22 THE CEDARS sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 22 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 22 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.

Where is 22 THE CEDARS?

22 THE CEDARS is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 22 on THE CEDARS.