78, THE CEDARS, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5TL - £405,000

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

78 THE CEDARS is a small extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £455,420. It was last sold for £405,000 in September 2021, which was around 59% above the average September 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

78 THE CEDARS Sold Prices

Land registry data shows two sales for 78 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 78 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
2021 24 SEP	£405,000	£254,448	59% above HPI
1998 25 JUN	£135,000	£77,515	74% above HPI

78 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 78 THE CEDARS sales from June 1998 and September 2021 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 June 1998 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the September 2021 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 78 THE CEDARS be worth now?

78 THE CEDARS might now be worth an estimated £455,420.

This is based on house price inflation of 12.4%, between September 2021 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 12.4% inflationary increase is applied to the most recent sale price for 78 THE CEDARS of £405,000 on 24th September 2021. For the value to have increased from £405,000 to £455,420 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 78 THE CEDARS has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The September 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 78 THE CEDARS has not materially changed since September 2021.

How Large is 78 THE CEDARS?

78 THE CEDARS is 99m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% 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 78 THE CEDARS lies on this distribution: 33% of detached houses houses are smaller than 78 THE CEDARS, and 67% of houses are larger. Note that EPC data is not available for all properties in Whickham.

78 THE CEDARS: Plot and Title Map

78 THE CEDARS sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 78 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 78 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 78 THE CEDARS?

78 THE CEDARS is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 78 on THE CEDARS.