23, NEWMARKET WAY, CHEADLE, STOKE-ON-TRENT, ST10 1UJ - £227,500

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

23 NEWMARKET WAY is a very small detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £232,878. It was last sold for £227,500 in April 2023, which was around 25% below the average April 2023 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

23 NEWMARKET WAY Sold Prices

Land registry data shows two sales for 23 NEWMARKET WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. Both of the two 23 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
2023 21 APR	£227,500	£304,170	25% below HPI
2006 29 SEP	£147,000	£200,917	27% below HPI

23 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 two 23 NEWMARKET WAY sales from September 2006 and April 2023 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 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 23 NEWMARKET WAY be worth now?

23 NEWMARKET WAY might now be worth an estimated £232,878.

This is based on house price inflation of 2.4%, between April 2023 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 2.4% inflationary increase is applied to the most recent sale price for 23 NEWMARKET WAY of £227,500 on 21st April 2023. For the value to have increased from £227,500 to £232,878 over the four months to December 2024, the following assumptions must hold true:

• The value of 23 NEWMARKET WAY has moved in line with the HPI for detached houses in the Staffordshire Moorlands local authority area.
• The April 2023 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 23 NEWMARKET WAY has not materially changed since April 2023.

How Large is 23 NEWMARKET WAY?

23 NEWMARKET WAY is 59m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 23 NEWMARKET WAY lies on this distribution: 6% of detached houses houses are smaller than 23 NEWMARKET WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

23 NEWMARKET WAY: Plot and Title Map

23 NEWMARKET WAY sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 23 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 23 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 23 NEWMARKET WAY?

23 NEWMARKET WAY is located in CHEADLE, in the ST10 postcode district. The below map shows the position of No. 23 on NEWMARKET WAY.