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
42 CEDAR DRIVE is a large extended detached house of 126m², built sometime between 2003 and 2006. It was last sold for £285,000 in July 2024, which was around 4% below the average July 2024 detached price in the South Tyneside local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 42 CEDAR DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. two of the four 42 CEDAR DRIVE sales were for below the average price, and four 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 26 JUL | £285,000 | £298,189 | 4% below HPI |
2012 13 APR | £192,000 | £188,000 | 2% above HPI |
2003 5 DEC | £172,000 | £174,514 | 1% below HPI |
2002 18 DEC | £143,800 | £135,163 | 6% above HPI |
The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The four 42 CEDAR DRIVE sales between December 2002 and July 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 April 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2024 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
42 CEDAR DRIVE is 126m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 20% of detached houses in Jarrow, based on EPC data. The below chart shows the distribution of detached houses by size in Jarrow, and where 42 CEDAR DRIVE lies on this distribution: 80% of detached houses are smaller than 42 CEDAR DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Jarrow.
42 CEDAR DRIVE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 42 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 42 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.
42 CEDAR DRIVE is located in JARROW, in the NE32 postcode district. The below map shows the position of No. 42 on CEDAR DRIVE.