Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
33 CEDAR DRIVE is a midsized extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £177,000 in June 2018, which was around 25% below the average June 2018 detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 33 CEDAR DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 33 CEDAR DRIVE 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 |
---|---|---|---|
2018 1 JUN | £177,000 | £236,434 | 25% below HPI |
2004 23 APR | £154,000 | £175,182 | 12% below HPI |
2002 27 SEP | £100,750 | £126,994 | 21% below HPI |
The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 33 CEDAR DRIVE sales between September 2002 and June 2018 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 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
33 CEDAR DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% of detached houses in Jarrow, based on EPC data. The below chart shows the distribution of detached houses by size in Jarrow, and where 33 CEDAR DRIVE lies on this distribution: 44% of detached houses are smaller than 33 CEDAR DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Jarrow.
33 CEDAR DRIVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 33 CEDAR DRIVE, 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 33 CEDAR DRIVE). 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.
33 CEDAR DRIVE is located in JARROW, in the NE32 postcode district. The below map shows the position of No. 33 on CEDAR DRIVE.